Shifting Strategies and Policies Drive the Dollar's Decline
TL;DR Summary
Wall Street veterans observe a decline in appetite for the US dollar, with the dollar index dropping over 10% this year, signaling a potential shift away from the dollar as the world's primary reserve currency due to political, economic, and policy uncertainties, and a move by investors to hedge their exposure and seek alternatives.
- Big America hedge is changing the dollar's global standing Axios
- Who's selling? Breaking down the dollar's breakdown Reuters
- Goldman’s Chambers Sees Currency Hedges Accelerate Dollar’s Fall Bloomberg.com
- Like Nixon before him, Trump is weakening the dollar in a bid to correct the US’s trade deficit The Irish Times
- Trump’s tariffs were supposed to strengthen the dollar. So why is it the weakest it’s been in three years? CNN
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