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2026-02-17 16:05:31
[Risk Aversion Sweeps Markets, Dollar Index Hits One-Week High] ⑴ On Tuesday, as US traders returned from the Presidents' Day holiday, risk aversion intensified significantly, pushing the dollar higher against a basket of currencies. The dollar index rose to 97.247, hitting a near one-week high. ⑵ The surge in market risk aversion stems primarily from concerns about the disruptive impact of artificial intelligence, a sentiment that has dragged down multiple sectors and dampened overall risk appetite. As a result, US stock index futures reversed course and fell, with funds accelerating their flow into traditional safe-haven assets such as the dollar. ⑶ In addition to sentiment factors, investors are also preparing for key policy and data releases. The latest Federal Reserve meeting minutes will be released on Wednesday, with the market hoping to glean more clues about the timing of interest rate cuts. Friday will also see fourth-quarter economic growth data and the Fed's preferred inflation indicator—the personal consumption expenditures price index. ⑷ Against the backdrop of resilient US economic data, inflation trends and the Fed's policy response remain crucial in determining the dollar's future direction. The market is closely watching upcoming data to assess changes in the interest rate path.
