A Reuters FX strategists’ poll indicates that while “dollar bulls” are gaining ground, most forecasters still expect the U.S. dollar to weaken over the coming period. Multiple outlets report that recent market positioning and short-term price action support the view that the dollar can hold up better than previously thought, with bullish sentiment improving relative to earlier expectations. However, the overall consensus in the poll remains that downside risks for the dollar continue to outweigh upside catalysts. The divergence reflects differing views on the near-term trajectory of currency moves versus longer-range drivers that strategists focus on, such as interest-rate expectations and broader macro conditions. The report does not describe a unified reason for the shift; instead, it frames the development as a balance between short-term strength in the dollar and prevailing strategic expectations of weakness. Overall, the outlets agree that the dollar’s upward momentum is building, but the majority view in the poll still points to eventual softening.