Cathie Wood: U.S. Dollar Index Pullback But No Breakdown, Could Resurrect Strong Uptrend

By: theblockbeats.news|2026/03/30 01:17:05

BlockBeats News, February 2nd, ARK Invest CEO Cathie Wood, also known as "WoodGoat," stated that, according to Truflation data, the US consumer price inflation rate has dropped to 0.86% year-on-year, significantly lower than the 2% to 3% range of the past two years. There is a possibility of further downward pressure on inflation, even turning negative. Despite a recent pullback in the US Dollar Index (DXY), a collapse has not occurred. If the policies of the current US government boost the US's capital return compared to other regions globally, the dollar may see a resurgence similar to the strong uptrend during the Reaganomics era of the 1980s.

-- Price

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