The Future of the US Dollar: Uncertainty and Speculation.
The US dollar's dominance in international trade and finance may be waning, as the greenback's sharp appreciation last year has reversed over the past six months. The talk of "de-dollarization" has intensified, with analysts forecasting more competition for the buck in trade and global reserves. However, many currency strategists and economists have pushed back against the notion that the dollar is anywhere close to shedding its reserve status, citing its dominance in global trade and as a widely used reserve asset by central banks. Despite the challenges, the US dollar remains the undisputed king in international trade, with no currencies matching its liquidity, ease of convertibility, and credibility.