Major banks are already eyeing 2026 with cautious optimism about the US dollar's trajectory. According to Rabobank's Jane Foley, the consensus isn't pointing toward another free fall. Instead, she's betting on something messier—choppy trading ranges rather than the sharp downside we saw earlier.

Why does this matter? Because dollar movements ripple directly through crypto markets. A ranging dollar typically means less directional certainty, which can shift capital flows between traditional assets and digital currencies. Foley's take suggests traders shouldn't expect a one-way street; volatility and consolidation are more likely than sustained weakness.

The takeaway: Watch those currency pairs closely in 2026. When major institutions like Rabobank hedge their bets on sideways action, it's often a signal that macro conditions are getting more complex, not simpler.