Trump deepens dollar woes
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According to J.P. Morgan, “The U.S. dollar is the world’s primary reserve currency, and it is also the most widely used currency for trade and other international transactions. However, its hegemony has come into question in recent times due to ...
Morgan Stanley predicts the US Dollar Index will fall by 9% over the next 12 months. The bank's strategists cite factors such as interest rate cuts and the rising strength of other currencies. Some investors are doubting the dollar's enduring status as a ...