Foreign exchange strategists at SociГ©tГ© GГ©nГ©rale anticipate that the recent retreat of the U.S. dollar may just be the beginning. While a pause in the dollar’s decline is expected in the near term, bearish sentiments persist as the market awaits signals that governmental policies may hinder U.S. growth and affect global investor confidence. This presents an important narrative for traders to consider, as the dollar’s performance could impact multiple currencies, particularly the AUD, CAD, and JPY.