Dollar Optimism Index is at the *lowest* 1% of readings over the past 10 years. Traders have rarely been this bearish on USD.

by SpontaneousDisorder

USD sentiment:

Dollar Optimism Index is at the *lowest* 1% of readings over the past 10 years. Traders have rarely been this bearish on USD

A rally in USD could be a major risk for stocks in the months ahead. pic.twitter.com/P5OBHY81X2

— SentimenTrader (@sentimentrader) July 24, 2020

https://twitter.com/sentimentrader/status/1286610704544522240

USD sentiment:

Dollar Optimism Index is at the lowest 1% of readings over the past 10 years. Traders have rarely been this bearish on USD

A rally in USD could be a major risk for stocks in the months ahead.

I know a lot of people will disagree here. This pattern of the dollar being weak in risk on environments and strong in risk off environments has still consistently held for over a decade. Suggests the next collapse will see a stronger dollar again.