Currencies and Interest Video Outlook 2026

The Dollar’s “Watershed Moment” — And What Comes Next

Last year, everyone loved the US dollar.

This year, it fell -12%.

Most investors see that as weakness.

We see it as a watershed moment.

Because when sentiment swings that violently…

When positioning hits extremes…

When the headlines feel obvious…

That’s usually when the real move begins.

And in our latest Currencies & Interest Rates Video (Part III), we lay out exactly why.

The Setup Most Traders Are Missing

In this special annual edition (170+ FX & Interest Rate charts), we walk through two powerful, interconnected themes:

<strong>1. A US$ rally within a larger long-term decline

2. Range-bound interest rates… before a much more significant move lower later</strong>

That combination alone should make serious market participants sit up straight.

Because if the dollar rallies first — while yields stay range-bound — the positioning implications across:

•   EUR, GBP, AUD crosses
•   BRIC & Asian currencies
•   Crypto markets
•   Global bond spreads
•   Risk assets into 2026

…are not what the crowd currently expects.

Why This Is Not “Just Another Dollar Call”

We begin by revisiting last year’s extreme bullish dollar sentiment…

Then track how that optimism collapsed into a -12% decline during 2025.

But here’s the key:

That decline wasn’t random. It was structural.

And it changed the long-term path of the dollar in ways most analysts still haven’t grasped.

Inside the video, we show:

• Why a counter-trend rally is likely first
• Why larger declines only begin later
• How global reserve trends and debt dynamics fit into the Elliott Wave structure
• And why Europe, Asia, and BRIC currencies don’t all behave the same in this next phas

We don’t just show forecasts.

We show the pattern logic behind them.

Interest Rates: The Calm Before the Real Move

Most G7 yields peaked in October 2023 after a historic five-wave rise from pandemic lows.

Corrections are still unfolding.

But here’s what’s critical:

Our comparative Elliott Wave work on 10-year vs 2-year yields suggests range-bound trading this year — not immediate collapse.

The significant yield declines?

They likely begin later.

That timing difference matters enormously for:

• Bond traders
• FX positioning
• Equity allocation
• Crypto cycles

And then there’s Japan.

While G10 central banks cut…

The Bank of Japan is hiking into reflationary pressure for the first time in decades.

We close the video by dissecting JGB 10-year and 30-year structures — and what that divergence could mean globally.

170+ Charts. One Coherent Roadmap.

This is not commentary.

It’s structural mapping.

• Currencies.
• Spreads.
• Yield curves.
• Cross-market interdependencies.

If you trade only one asset class, you’re seeing part of the matrix.

If you understand how they translate to one another — you see the edge.

This special annual edition of Part III – Currencies & Interest Rates is now available.

If you’ve already seen Parts I & II (Stock Indices & Commodities), you know how precise these structural roadmaps can be.

If you haven’t, this is where the macro puzzle becomes complete.

The crowd reacts.

Professionals anticipate.

The question is simple:

Do you want headlines… or structure?

Wishing you great success,

Most sincerely,

Peter Goodburn

Founder and Chief Elliott Wave Analyst

WaveTrack International 

What you get

Contents: 173 charts | VIDEO DURATION: nearly 2 hours 17 mins.

The contents of this CURRENCIES & INTEREST RATES VIDEO include Elliott Wave analysis for:

Forex (128 charts):

• The Rise and Fall of King Dollar

• US Dollar Performance 2025

• G10 Interest Rates

• US Yield Curve

• US$ Index + Cycles

• USD COT

• Euro/US$ 

• EUR COT

• Stlg/US$

• STLG COT

• US$/Yen

• YEN COT

• CHF COT

• US$/CHF

• US$/NOK

• US$/SEK

• US$/CAD

• CAD COT

• AUD/US$

• AUD COT

• NZD/US$

• NZD COT

• Euro/Stlg

• Euro/CHF

• Euro/Yen

• AUD/YEN

• CHF/YEN

• USD/BRL

• USD/RUB

• US$/ZAR

• US$/MXN

• USD/ILS

• Asian ADXY

• US$/Renminbi

• US$/KRW

• US$/SGD

• US$/INR

• US$/TWD

• USD/THB

• US$/MYR

• US$/IDR

• US$/PHP

• Bitcoin

• Ethereum

• Micro Strategy

Interest Rates (45 charts):

• US10yr Yield + Cycle

• US2yr Yield

• US30yr Yield

• US10yr TIPs Yield

• US2yr-10yr Yield Spread

• US10-DE10yr Yield Spread

• DE10yr Yield

• DE2yr-10yr Yield Spread

• DE2yr Yield

• UK10yr Yield

• Australia 10yr Yield 

• Canada 10yr Yield

• Canada 2yr Yield

• Japan 10yr Yield

• Japan 30yr Yield