Rabobank: Dollar Support from Haven Demand and Fed Shift

Rabobank's FX Strategy team observes that the U.S. Dollar has seen support from two forces: safe-haven demand and changing expectations for Federal Reserve policy. This dual support is testing the dollar's traditional haven status.

The note does not provide specific levels or timing, but highlights the current dynamic where the dollar remains resilient amid market uncertainty. The interplay between risk sentiment and Fed rate outlook continues to shape the greenback's trajectory.