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JP Morgan Warns of Potential 20% Decline in US Dollar Amid BRICS De-Dollarization Push

JP Morgan Warns of Potential 20% Decline in US Dollar Amid BRICS De-Dollarization Push

Published:
2025-05-13 14:36:02
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JP Morgan analysts highlight growing risks to the US dollar’s dominance as BRICS nations accelerate de-dollarization efforts. The DXY index has plummeted to 98 this year, its lowest level since Trump’s presidency, as forex traders increasingly favor local currencies.

The investment bank’s research suggests political instability and coordinated BRICS actions could erase 10-20% of the dollar’s value. This macroeconomic shift marks the first significant challenge to dollar hegemony in decades, with currency markets showing unprecedented appetite for alternatives.

|Square

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