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Showing posts with the label currency shift

Goldman Sachs: De-Dollarization Forecast Spurs New Trends

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Goldman Sachs de-dollarization warnings are actually predicting a multi-year US dollar decline right now, and the banking giant is acknowledging the global trend of de-dollarisation in ways that many investors haven’t fully grasped yet. Their Goldman Sachs US dollar downgrade Analysis reflects some pretty serious structural economic concerns that have been building up. At the time of writing, the US dollar index has been dropping about 10% since early 2025, and the Goldman Sachs dollar forecast suggests this weakness could actually persist for years to come. Also Read: BRICS Digital Currency, Safe Havens & FX Markets Shape Dollar Shift How Goldman Sachs Sees US Dollar Risks and De-Dollarization Trends Source: Watcher.Guru Goldman Sachs Identifies Structural Dollar Weaknesses The Goldman Sachs de-dollarization Analysis reveals some fundamental issues that are driving their bearish outlook right now. Their Goldman Sachs dollar forecast in 2025 points to America’s massive $1....

Brazil's New Payment System 'Pix' Accelerates De-Dollarization

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Brazil’s new payment system Pix is causing concerns in Washington as it is competing with US credit card companies while modestly advancing the de-dollarization agenda. Pix is run by Brazil’s Central Bank (BCB) and was launched in 2020 in an effort to chip away at the US dollar. The payment system enables users to send and receive transfers in just a few seconds, at any time, including non-business days. Also Read: Dollar Reserves Hit 47% Record Low as China Drives De-Dollarization The de-dollarization move from Brazil through the new payment system remained slow in 2020 but is gaining speed in 2025. According to the latest Pix data from Brazil’s Central Bank, Pix settled more than $450 billion worth of transactions last quarter. Pix “operates outside the dollar ecosystem. It represents the embryo of independent systems,” said Brazilian diplomat Philip Yang. The trade wars kick-started by Trump are making Brazil safeguard its economy. Brazil’s De-Dollarizat...

Euro Takes on a Bigger Role as De-Dollarization Advances

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The euro is seeing a rise in the global currency options market. According to reports, traders have moved 15-30% of US dollar contracts to the euro. The development comes amid increased geopolitical tensions and trade wars. The move has also sparked renewed de-dollarization sentiment among market participants. De-Dollarization Advances As The Euro Takes Charge Source: FXstreet According to Oliver Brennan, options strategist at BNP Paribas SA, “ If we’re moving to an environment in which the European flow story is more important, then we could be moving to an environment in which it’s euro pairs which are driving everything. ” The euro has rallied 11% against the dollar this year. The figure marks the highest the euro has been since 2021. According to hedge fund manager Paul Tudor Jones, the dollar could fall another 10% over the next year. The recent rise in the euro’s role is likely due to increased uncertainties around US foreign policy and trade wars. The US hit three Iranian n...

De-Dollarization Is Fading: BoA Analyst Claims World Is Dollarizing

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The debate about the US dollar’s dominance in global trade has seen a myriad of opposing viewpoints. While there is a growing de-dollarization sentiment, especially among developing nations, the dollar may not be at its end just yet. In fact, the greenback’s role in global economics may be growing according to some industry experts. Bank of America (BoA) strategist Ralph Axel is of the opinion that the US dollar is gaining on other currencies. Axel says that the world has been “rapidly dollarizing” over the last 10 years. De-Dollarization Just A Temporary Inconvenience? Source: Watcher.Guru There is a sentiment that the US dollar is losing steam. The figures also seem to support this notion. The US dollar index (DXY) is down 9.7% year-to-date. This is the lowest the figure has been since the 1980s. The dip has led to substantial concerns about asset managers and financial institutions potentially pivoting away from the US Dollar to other currencies and gold. Desp...