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Wall Street Banks Forecast Accelerating De-Dollarization Trend
Wall Street Banks Forecast Accelerating De-Dollarization Trend
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Major financial institutions including Morgan Stanley, JPMorgan Chase, and Goldman Sachs are reinforcing bearish calls on the US dollar. The banks cite interest-rate cuts, slowing economic growth, and trade policies as key drivers for further weakness. Morgan Stanley predicts the US Dollar Index could fall 9% to 91 by mid-2025—levels last seen during the COVID-19 pandemic.
Currency diversification concerns are gaining momentum globally, with strategists now recommending exposure to the yen, euro, and Australian dollar. The de-dollarization trend reflects broader shifts in global finance as institutions hedge against concentrated currency risks.
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