Ark Investment: Continues to see reasons for potential upward movement in the US dollar.

"Wood Sister" Casey Wood's Ark Investment stated that many market participants have accepted the narrative of a weakening US dollar. We continue to see reasons for potential upside. We believe that capital-friendly tax policies, regulatory relaxation, and enhanced relative returns on US investments may support continued demand for dollar-denominated assets. If foreign direct investment continues to strengthen and capital flows favor the US, the dollar may strengthen even if many investors anticipate otherwise. In our view, this is another example of consensus thinking possibly overlooking the full implications of innovation-led, investment-driven cycles."