Dollar Rally Runs in a Straight Line as AI Trade Rolls On

The U.S. dollar rally is running in a near straight line, driven by strong U.S. data, a hawkish Fed and the AI trade, with no sign of panic buying. Alex Ridgers, StoneX Global Head of Retail Dealing, explains how retail clients are positioning across currencies, stock indices and single stocks as the dollar grinds higher. After a steady climb against the yen, the euro and the New Zealand dollar, retail traders are tipping against the U.S. dollar. Clients stay long the S&P 500 but have turned short the Nikkei, while Meta's new AI app has investors asking if bank advisory services can compete with AI. 0:00 Dollar Climbs, No Panic Buyer 1:14 Retail Traders Fade the Dollar 2:03 Kiwi Slides Day After Day 2:33 S&P 500 Longs Refuse to Budge 3:29 Nikkei Bulls Finally Give Up 3:54 Meta and AI Test Bank Advisers Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_alex_ridgers&utm_content=share Like and subscribe for more financial market insights. #Forex #StoneX #AlexRidgers #USDJPY