Dollar Index Rally Runs Out Of Steam- UDN Is A Bearish Dollar Index ETF

I rate the Invesco DB U.S. Dollar Index Bearish Fund (UDN) a buy, anticipating continued downside in the dollar index. Despite a recent rally to 100.64, the dollar index remains in a long-term bearish trend driven by rising U.S. debt, de-dollarization, and political division. Geopolitical turmoil temporarily supports the dollar, but structural headwinds persist, especially the shift in central bank reserves from Treasuries to gold.