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The dollar is increasing in value. How will it affect global markets?
British pound declines as traders shift interest rate expectations
People’s Bank of China sets renminbi trading band higher than expected while Tokyo warns against yen’s decline
Cheaper mortgages offered in biggest cities while central bank eases foreign exchange reserve requirements
Impracticable and costly, such a currency shift would not be much more than a convenient sleight of hand
Making a currency a global standard demands deep trust in its issuer’s openness and reliability
Beijing uses developing world chagrin over Washington’s weaponisation of greenback to push global renminbi
But the US should not be complacent about the greenback’s primacy
Complacency or imperiousness about the dollar’s role would be seriously misguided
Currency watchers are worried about a weaker US dollar
Analysts forecast ‘more where that came from’ after currency is dented by slowing US inflation
Companies have been hoarding greenbacks
OMFIF survey points to only ‘gradual’ decline in dollar’s share of global reserves, despite calls for alternatives
Central bank calls move ‘first step’ towards a more conventional monetary policy
South Africa’s president Cyril Ramaphosa says greenback’s dominance is ‘on the agenda’ for Brics meeting
Nations must seek to strengthen multilateralism or they will end up embracing economic decoupling
The world thinks of treasuries as assets and no other country has been able to produce more sovereign debt than the US
An imagined dollar-slayer isn’t super solid
Central banks are buying gold to replace dollars in reserves at the fastest pace on postwar record
Billionaire investor says last year’s dollar rally was the ‘biggest miss’ of his career
The US has been weaponising its currency — but that comes with a cost
Turn that frown upside down
There are no viable alternatives to the greenback, but the US must avoid self-harm
The greenback might now account for less than half of global reserves
Improving European growth and potential US recession expected to put pressure on greenback
International Edition
