The US dollar is set to enter the second half of 2026 on a strong note, supported by higher US interest rates and robust demand for US assets from investors betting on “American exceptionalism”, an idea that may put pressure on other currencies.
The greenback has emerged as the best-performing currency at the half-year point, according to Reuters, strengthening by 3% compared with last year, when it declined more than 10% and recorded its steepest first-half fall since the early 1970s, due to concerns over US tariff policy.
