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2026 FX Outlook
LIVE10 November 2025USD bearish
Back to CurrenciesBearish
USD/USD
The dollar's multi-year premium is set to unwind in 2026. Fed rate cuts, widenin
Key Drivers
Fed easing cycle
Twin deficit widening
Global growth recovery
Capital flow rotation
Overvaluation correction
All Firm Targets (Dec '26)
Analysis Summary
The dollar's multi-year premium is set to unwind in 2026. Fed rate cuts, widening twin deficits, improving global growth, and a rotation of capital flows away from US assets should all weigh on the greenback. DXY to 95.0 by year-end.