Citi Strategist: Dollar Weakness Post-Midterms to Fade as Focus Returns to Fed

The strategist's call is essentially a reminder that post-election currency moves can be noise rather than signal, with the Fed's rate path framed as the durable driver of dollar direction. For crypto and other dollar-sensitive risk assets, that matters because the midterm-driven softness may not be a lasting tailwind. The open question is whether rate expectations indeed retake control of the dollar narrative, or whether political and fiscal headlines keep shaping flows longer than Tobon assumes.