Rick Deverell

Editor, The Block
· tracked since Feb 2026
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UUP long +2.8%
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UUP long 3 months ago
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30d +2.8%
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Long
Feb 25
$27.08
+2.8%
Deverell observes that while European investors are derisking, "Asia is doubling down in US exposure." Despite the dollar being fundamentally "expensive," capital flows from Asia and the US economy's relative resilience (no recession in sight) will prop up the Greenback for the next quarter. LONG USD (Tactical/Short-term). US data deterioration leading to aggressive Fed cuts sooner than expected.
Deverell observes that while European investors are derisking, "Asia is doubling down in US exposure." Despite the dollar being fundamentally "expensive," capital flows from Asia and the US economy's relative resilience (no recession in sight) will prop up the Greenback for the next quarter. LONG USD (Tactical/Short-term). US data deterioration leading to aggressive Fed cuts sooner than expected.
Macro
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