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Dollar bulls gain ground even as most FX strategists still expect weakness: Reuters poll
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- Dollar bulls gain ground even as most FX strategists still expect weakness: Reuters poll By Sarupya Ganguly Wed, July 1, 2026 at 6:48 PM GMT+7 3 min read DX-Y.NYB CL=F By Sarupya Ganguly
- The greenback has also drawn support from U.S. inflation that is well above target, a resilient economy, elevated Treasury yields and news in June nearly half of Fed policymakers expect rates to rise this year.
- But FX analysts in the June 26-July 1 survey defied that pricing, sticking to their long-held view the dollar will weaken.
Dollar bulls gain ground even as most FX strategists still expect weakness: Reuters poll By Sarupya Ganguly Wed, July 1, 2026 at 6:48 PM GMT+7 3 min read DX-Y.NYB CL=F By Sarupya Ganguly
BENGALURU, July 1 (Reuters) - The U.S. dollar's recent rebound will fade in coming months as cooling oil prices temper inflation fears and Federal Reserve rate hike bets, a majority of FX strategists said in a Reuters poll, though a sizable minority say the strength is here to stay.
A brief respite from the U.S.-Israeli war with Iran helped lift the greenback about 4% from May's low and sent crude oil prices back to pre-war levels while long-dollar bets climbed to their highest since January 2025, Commodity Futures Trading Commission data showed.
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