Markets are consolidating after recent volatility, with the dollar’s modest rebound looking more like a pause than a trend change as risk currencies hold firm and the yen stays resilient.

Mainstream expectations, those from Wall Street, economists, and corporate strategists, have congealed around a bullish economic outlook for 2026.

The USD/CHF pair is attempting to form a bottom as speculation of Swiss National Bank intervention grows, making a rebound increasingly likely.