DXYU.S. Dollar Currency IndexTVC:DXYYieldBlade-YFThe U.S. Dollar Index (DXY) maintains a bearish bias after breaking key support levels. Markets are pricing in a less aggressive Fed, mixed economic data, and rising risk appetite, all of which limit demand for the USD as a safe haven. 🔑 Key Factors Monetary policy: The Fed no longer shows the hawkish tone of 2022–2023; rate cuts are expected in the coming quarters, reducing the dollar’s appeal. Macro data: Inflation is more under control and signs of economic cooling → fewer arguments to keep rates high. Market sentiment: Flows into stocks and crypto reflect greater risk appetite, reducing USD demand. External factors: The ECB and BoJ are showing signs of tightening → the interest rate differential with the U.S. narrows, cutting the dollar’s advantage.