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Barchart
Barchart
Andrew Hecht

How is the Dollar Index Declining Even Though it is Slightly Higher?

In a February 23, 2024, Barchart article on the dollar index, I wrote:

The odds favor an inside year in the U.S. dollar index, but many factors could ignite surprises that defy the odds and send the dollar index higher or lower over the coming months. In late February 2024, the geopolitical landscape and higher for longer U.S. interest rates favor the upside, but the election could send the currency index either way later this year. 

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