Janet Henry sees the US as a relative winner due to energy exports and AI leadership. The Fed is unlikely to cut further; inflation may peak then plateau. The UK faces tougher fiscal dynamics and slower growth. The Bank of England won't need to raise rates. She expects a broadly firmer dollar and a weaker euro.
implicit
implicit
RUT
Oil
Metals
explicit
HSBC
8.2
Investment Bank $1686.00B
Janet Henry 9.0
Investment Bank $1686.00B
Janet Henry 9.0
6/19/2026 8:04:16 PM
dxy
We look for a broad-based firmer dollar.
| 5/5/2026 9:42:05 AM | medium term up | 20 days later | +1.17% | +1.17% |
| 4/8/2026 9:06:10 PM | short term up | 5 days later | -0.71% | -0.71% |
| 4/6/2026 7:11:45 PM | short term up | 6 days later | -1.27% | -1.27% |
| 4/2/2026 1:59:52 PM | short term up | 5 days later | -1.05% | -1.05% |
| 1/30/2026 1:43:29 PM | medium term cautious down | 21 days later | +0.09% | -0.05% |
| 11/7/2025 12:10:55 AM | medium term cautious down | 21 days later | -0.21% | +0.11% |
ndx
US is at the forefront of the AI boom, which is a key driver of economic strength and earnings.
yields
Fed is unlikely to cut; inflation will peak then plateau. Central banks must keep expectations anchored, implying rates stay higher for longer.
