Jun. 12, 2025 10:25 AM ETUS Dollar Index (DXY)DXY, EUR:USD, UUP, USDU, UDNING Economic and Financial Analysis4.54K Followers(4min)SummaryThere has been a lot of talk about the ‘Sell America’ thesis and also ‘de-dollarization’. The two are linked, but the former, in our opinion, best describes the acute sell-off in US asset markets in April.We expect tariff and US policy uncertainty to keep a risk premium in the dollar this year.The eurozone story should start to look a little more attractive through 2026 as the benefits of this year’s fiscal stimulus decisions bear fruit.Nico De Pasquale Photography/DigitalVision via Getty ImagesBy Chris TurnerWhile we’re not expecting the dollar to collapse, we do think there are enough negative factors out there to keep it under pressure for the rest of the year.This article was written byING Economic and Financial Analysis4.54K FollowersFrom Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. We’re sorry we can’t reply to individuals' comments.Content disclaimer: The information in the publication is not an investment recommendation and it is not investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument.This publication has been prepared by ING solely for information purposes without regard to any particular user's investment objectives, financial situation, or means. For our full disclaimer please click here.CommentsRecommended For You