Dollar at week low as geopolitics revive ’Sell America’ trade

"The current market environment suggests that rising geopolitical risks, especially the uncertainty in U.S. foreign policy, may lead to increased bearish sentiment toward the dollar. The revival of the 'Sell America' trade could prompt a flight to other currencies and assets, urging investors to reassess their asset allocation and risk management strategies. Moreover, upcoming economic indicators and central bank policies will be crucial in determining the dollar's trajectory. In particular, inflation metrics and employment data could play significant roles in swaying market sentiment."