The Dollar Index Remains Under Pressure: Reiterating A Buy On The UDN ETF

  • The U.S. Dollar Index remains in a clear bearish trend for 2025, with lower lows and resistance levels capping any rallies. Multiple factors weigh on the dollar: high U.S. debt, political division, tariffs, and global moves away from the dollar as a reserve currency. Despite some potential catalysts for a rebound, the risk-reward profile currently favors a short position in the dollar index.