Barclays projects the US dollar will maintain its strength through 2026, driven by an investment cycle centered on artificial intelligence. The bank highlights that AI-related capital spending is expected to enhance productivity and growth, boosting global demand for American technology and services, which will support the dollar's value. Additionally, Barclays points to a favorable policy environment, including reduced tariff risks and sustained fiscal support, as factors reinforcing the dollar's long-term strength. The bank's outlook suggests that a robust USD could coincide with positive performance in equities and credit markets, while emerging market currencies and global carry trades may face challenges.