I last wrote about the dollar index on Barchart on July 22, 2025, when I asked if the index had found a bottom. I concluded that article with the following:
If the dollar index is heading for a challenge of the next technical support level, the UDN ETF will appreciate from the bearish ride. With lower U.S. interest rates on the horizon and a rising debt level, the dollar index’s path of least resistance remains lower in mid-July 2025, and the index has not yet found a bottom.
