USD: Positive outlook amid strong data – Deutsche Bank

Deutsche Bank’s Macro Approach listing highlights a obvious outlook for the Buck following right economic records. The listing notes that the ISM manufacturing index all of sudden surged, contributing to rising optimism for 2026. The Buck Index elevated by 0.66%, marking its most effective two-day efficiency since last spring.

Buck strengthens on obvious economic signals

“One of the clearest reactions to the ISM was in US Treasury markets, with yields moving higher as investors priced out the chance of Fed rate cuts. For instance, futures had been pricing in an 87% chance of another rate cut by the June FOMC (which would be Warsh’s first as Chair if confirmed), but that was down to 70% by the close.”

“Higher yields supported the dollar index (+0.66%), which has had its best two-day run since last spring.”

(This text was created with the support of an Synthetic Intelligence tool and reviewed by an editor.)