![]() dollars and there are few other currencies that could take its place as a reserve currency. ![]() There are few signs that major foreign holders are poised to suddenly shift away from U.S. Trade in yuan accounted for less than 2% of global trade in 2022. The size of the recent non-dollar transactions that have raised alarm are very small. It also remains the primary currency used for trade and financial transactions in the global economy. While the dollar has declined over the past six months, it remains close to a 10-year high versus currencies of countries with which the U.S. A long-term trend toward diversification of currencies in global financial transactions and trade may develop, but it's a big leap from dollar dominance to de-dollarization. Our view is that this argument is overblown. ![]() Extrapolating these trends, the argument is that demand for dollars will fall, sending its value steeply lower. It appears to stem from news that China is beginning to use the yuan in commodity trades with a handful of trading partners, and Brazil and Argentina are exploring the potential for a common currency. dollar as the primary currency of exchange in global trade and investment, has become a hot topic in financial publications. "De-dollarization," or the movement away from using the U.S. dollar is on the verge of a major decline and might even lose its status as the world's major reserve currency. There has been speculation lately that the U.S. Environmental, Social and Governance (ESG) Investing.Bond Funds, Bond ETFs, and Preferred Securities.ADRs, Foreign Ordinaries & Canadian Stocks.Environmental, Social and Governance (ESG) ETFs.Environmental, Social and Governance (ESG) Mutual Funds.Benefits and Considerations of Mutual Funds.
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