PremiumOn The Dollar's Collapse... & The Endgame
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Deutsche Bank's global head of FX, George Saravelos, argued yesterday that despite President Trump's reversal on tariffs the damage to the USD has been done: the market is re-assessing the structural attractiveness of the dollar as the world's global reserve currency and is undergoing a process of rapid de-dollarization.
Nowhere is this more evident than the continued and combined collapse in the currency and US bond market as this week comes to a close.