Strategists projected a dollar drop.

On Thursday, June consumer price growth hit a 15-month low, the lowest since March 2021. US inflation is falling faster than in Europe and Asia, while other central banks are raising rates behind the Fed.

Today’s Index is below 100, reversing previous year’s dollar surge.

Dollar weakness raises asset prices, and US companies sell more abroad.

President and CEO JC Parets anticipates stocks to struggle if the dollar strengthens this summer or fall.

Most data suggests a lower US dollar, which may boost stock and Bitcoin values.

Investors are watching how weak demand growth and OPEC and Russia output cuts interact.

Real interest rates are reducing investor demand and weakening the dollar. Brent and WTI futures jumped 2% on Thursday.