US Dollar Stumbles as AI Boom Wobbles. Forecast as of 16.10.2026
American exceptionalism has been fueled by AI. Thanks to the artificial intelligence boom, the S&P 500 has delivered double-digit returns for four consecutive years, while the US economy has outperformed its global peers. However, a glitch in the system has dealt a blow to the US dollar. Let's examine what went wrong and develop a trading plan for the EUR/USD.Major Takeaways Macroeconomic data continues to support the US dollar. Kevin Warsh offered little to unsettle EUR/USD bears. The decli