Why Wall Street’s Pessimism on the Dollar Could Backfire
The dollar faces serious challenges as strategists predict further declines. Yet this strong consensus on a bearish outlook may pave the way for unexpected resilience. If any good news surfaces regarding the dollar, it may deliver an even sharper impact, surprising the markets and shaking investor confidence. This situation illustrates how overly pessimistic views can sometimes lead to unexpected market responses. Traders should be cautious and stay alert to potential shifts that could catch many off guard.