Greenback is a loser this year against all 16 major currencies.

Greenback is a loser this year against all 16 major currencies.

Options market reflects bearish sentiment on the U.S. currency.

Options market reflects bearish sentiment on the U.S. currency.

Subdued inflation is reducing expectations for further Fed hikes.

Subdued inflation is reducing expectations for further Fed hikes.

Daily trading volume has contracted only slightly, according to the BIS triennial survey.

Daily trading volume has contracted only slightly, according to the BIS triennial survey.