All Eyes on the Dollar 🌤️ The Morning Print

Good morning! 

If there's one chart that has the potential to derail the current market environment, it's the U.S. Dollar Index.

Here's the setup.

The $100 level has been a major battleground for the U.S. Dollar Index.

Over the past several years, it has repeatedly acted as both support and resistance, making it a key area of polarity.

While a stronger dollar is often viewed as a headwind for risk assets, there have been periods when both equities and the dollar have advanced together.

The most recent example came between Q3 2024 and Q1 2025.

Could we be entering a similar environment once again?

It's certainly possible.

For now, the focus remains on whether this breakout in the dollar can hold and how the broader market responds in the weeks ahead.