US Dollar on ‘Weakening Trajectory’ Through 2026, Says Rabobank’s Foley

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Rabobank's FX strategy head Jane Foley predicts a weakening US dollar trajectory through 2026 due to geopolitical risks, expecting choppy trading for the currency this year.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Jane Foley, head of FX strategy at Rabobank, examines the geopolitical risks impacting currencies following the ouster of Venezuela’s President Nicolas Maduro. Foley sees “choppy trading” for the US dollar through the year as the currency continues to weaken. (Source: Bloomberg)

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Original article published by Bloomberg on January 5, 2026.
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