JP Morgan Warns: BRICS Alliance Could Trigger 20% Dollar Collapse

The dollar’s dominance faces its biggest threat yet—and Wall Street’s finally sweating. JP Morgan analysts predict the BRICS bloc’s de-dollarization push could slash the greenback’s value by a fifth. Talk about poetic justice for the currency that’s bullied markets for decades.

De-dollarization goes mainstream: What started as geopolitical posturing now has real teeth. BRICS nations are accelerating alternative payment systems, commodity-backed currencies, and bilateral trade deals that bypass USD entirely. The Fed’s ’exorbitant privilege’ looks increasingly fragile.

Here’s the kicker: This isn’t just about economics—it’s a tech revolution. Blockchain-powered settlements and CBDCs give BRICS the tools to dismantle the dollar system brick by brick (pun intended). Meanwhile, DC politicians still think printing more debt is a sustainable strategy. Cue the institutional cope.

BRICS: US Dollar Could Face Another 10% to 20% Decline, Says JP Morgan

Political instability and the relentless de-dollarization pursuit of BRICS can trim the US dollar’s market share, says JP Morgan. The leading global bank wrote in its latest research piece that the US dollar could decline by another 10% to 20%. The DXY index is hovering around the 101 mark on Tuesday and is attracting bearish sentiments.

A decline of 10% in the US dollar’s DXY index could make it plummet to the 90 range. If the 20% dip forecast turns accurate, then the US dollar could plunge to a low of 80, which is worrisome to the economy. BRICS is adding more pressure on the US dollar’s prospects that could make things worse for the currency, wrote JP Morgan.

wrote JP Morgan on the US currency amid the BRICS onslaught.

JP Morgan is ringing the warning bells from the day BRICS began a concentrated effort to topple the US dollar. The alliance of developing nations wants to distance itself from the USD and strengthen its local currencies instead. They are mostly being successful in the ideology, and the next decade could be different from this one.