Top Traders Unplugged

IL38: Our Dollar, Your Problem ft. Kenneth Rogoff

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Apr 30, 2025
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INSIGHT

Dollar's Global Dominance Explained

  • The US dollar dominates global trade, reserves, and currency stabilization largely due to historical and network effects.
  • Its use spans around 60% of central bank reserves and roughly 90% of currency trades involve the dollar.
INSIGHT

Trump Policies Weaken Dollar Support

  • Trump's tariffs and immigration policies have damaged the foundational factors supporting dollar dominance.
  • This undermines foreign investors' confidence in US assets, threatening the dollar’s safe haven status.
INSIGHT

Eurozone's Complex Currency Union

  • The Euro was a remarkable macroeconomic unification but still struggles with disparities in inflation and debt across member countries.
  • Its long-term success remains uncertain amid economic and political challenges within the Eurozone.
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