Odaily Planet Daily reports that Standard Chartered's Steve Englander stated in a report that after a year of deviation, the US dollar appears to be returning to a normal relationship with historical drivers. Englander noted that the dollar was overvalued relative to normal drivers in late 2024 and early 2025, before turning undervalued in the second and early third quarters of 2025. He pointed out that the dollar is currently almost flat. Englander stated that these fluctuations reflected initial expectations that tariffs would strengthen the dollar, followed by a period of high uncertainty after President Trump implemented comprehensive tariffs in April, ultimately normalizing later this year. Standard Chartered believes that the waning dollar undervaluation is positive for the currency. (Jinshi)