The dollar index (DXY00) is trading slightly higher by +0.06%. The main supportive factor is today’s +2.5 bp rise in the 10-year T-note yield, which improved the dollar’s interest rate differentials.

Trillions of dollars are being poured into artificial intelligence. But as with the railway, telecoms and dotcom booms of the past, you may be wondering if this is a bubble about to pop. On this ...