Having rallied strongly last year on the back of global geopolitical risks and higher US rates, the greenback has now entered a period of consolidation.
Some investors speculate that efforts to move away from a 'dollar standard' might lead to further weakness, but what credible alternatives are there right now to the US dollar? The move towards a concerted effort to ‘de-dollarise' the global economy has garnered significant media attention and debate over the last few years, particularly after the US unilaterally froze access to the USD payments system for many sanctioned Russian individuals and corporations. US interest rates hit highest levels in 22 years The essential questions relate not so much as to whether global participant...
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