On-demand

Why the dollar’s 2026 decline will be more cyclical than structural

The dollar has started 2026 on a weak footing. The prevailing view is that global investors are reviewing their allocations to US assets or at the very least are reconsidering their views on the dollar. But to what extent will any further dollar sell-off be driven by structural rather than cyclical factors?

You’ll learn:   

  • Whether investors have been really leaving US asset markets

  • If the dollar weakness fits into the structural de-dollarisation narrative  

  • Whether periods of the dollar losing its safe haven status are becoming more common

  • Why a rotation out of the dollar and into foreign currencies is not necessarily a defensive move

  • How European investors are adjusting hedge ratios

  • What to watch for this year’s dollar bear trend

Details

When: Tuesday February 24th

Venue: Online via ING webinars

Time: GMT: 14:00, CET : 15:00, ET 09:00

Speakers

  • Chris Turner, Global Head of Markets and Regional Head of Research UK & CEE

  • Dmitry Dolgin, Chief Economist CIS

  • Francesco Pesole, FX Strategist

  • James Smith, Developed Markets Economist (host)

 

Speakers

Chris Turner
Global Head of Markets and Regional Head of Research for UK & CEE
Francesco Pesole
FX Strategist
Dmitry Dolgin
Chief Economist, CIS, ING
James Smith
Developed Markets Economist
Content Disclaimer
This event has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more