Societe Generale of France: The US dollar index is expected to rise further, approaching its peak in 2022.

Kit Juckes, Chief Foreign Exchange Strategist at Société Générale in France, stated that if countries reach an agreement with the United States on tariff issues, the dollar may experience a "slight pullback", but due to the US economy still outperforming other regions of the world, the dollar will remain strong. He said he expects the Bloomberg Dollar Spot Index to rise further and possibly approach its peak reached in September 2022. "Once we find out that news is not as globally detrimental and beneficial for dollars as we imagined, like today's situation, it would bring about a slight pullback and then we wait for next piece of news," he said. "We might see dollar index continue fluctuating within very high range... I can't buy large amounts of dollars because they are really expensive," he added. "People will sell euros when prices are high," he said; euro could fall to parity or even weaker - "the fundamental reason being continuous strengthening of dollar."