The dollar is having a rough end to 2025, and traders aren’t hiding it. According to Bloomberg, the DXY Index dropped 0.8% ...

The sale isn’t about panic selling, but it is about what happens when growth stumbles, margins compress, and opportunity cost suddenly matters a lot more.

Banks including JPMorgan and BNP Paribas see dollar-yen near 160 by end-2026 as yield gaps, carry trades persist.