Sell DXY by May 3, 2026.

The dollar just closed January near multi-quarter lows, and ING laid out a few reasons why the pressure may not be going away anytime soon. One big driver is global capital flows. Investors are feeling relatively optimistic about growth outside the U.S., especially in emerging markets and commodity-exporting countries. ING notes that portfolio flows into emerging markets are now at their strongest levels in more than a decade and historically, that kind of shift tends to come directly at the …