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Global Confidence in US Dollar Wanes as De-Dollarization Accelerates
Global Confidence in US Dollar Wanes as De-Dollarization Accelerates
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BTCCSquare news:
A Bloomberg Pulse survey reveals growing skepticism about the US dollar's dominance, with nearly half of respondents predicting its decline amid geopolitical uncertainty. The trend of de-dollarization is gaining momentum, challenging the currency's supremacy in global markets.
Goldman Sachs strategists note the dollar's vulnerability, while Invesco's Kristina Hooper highlights the challenges posed by a weakening USD. Market pressures and policy shifts are accelerating this downward trajectory.
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