Monday, April 28, 2025

Threats to Dollar's Pre-Eminent Reserve Currency Status

Dollar collapse: The crisis is no longer just theoretical by VIVEKANAND JAYAKUMAR, The Hill - 04/28/25

The Downfall of King Dollar
https://www.newstatesman.com/business/economics/2025/04/the-downfall-of-king-dollar
In the era of Trump’s tariff war, the sources of American economic hegemony will also contain its undoing.

What the US stands to lose from a dented dollar
https://www.ft.com/content/8742b522-eee2-4a04-9409-3e2d41933591

Does changing the trade regime change the dollar regime? To Mar-a-Lago and beyond
https://www.piie.com/events/2025/does-changing-trade-regime-change-dollar-regime-mar-lago-and-beyond

The real lessons from the Plaza and Louvre accords
https://www.ft.com/content/78b42ffc-5be1-4b38-8711-0cce728c8516
 
Navigating a fractured horizon: risks and policy options in a fragmenting world
https://www.ecb.europa.eu/press/key/date/2025/html/ecb.sp250429~5c32473955.en.html
Piero Cipollone, Member of the Executive Board of the ECB:
“If the EU upholds its status as a reliable partner that defends trade openness, investor protection, the rule of law and central bank independence, the euro has the potential to play the role of a global public good. This requires a deep, trusted market for internationally accepted euro debt securities. That is why policy efforts to integrate and deepen European capital markets must go hand in hand with efforts to issue European safe assets.”



The Dollar’s Weakness Creates an Opportunity for the Euro. Can It Last?
https://www.nytimes.com/2025/04/28/business/us-dollar-euro-trade-trump.html
European officials see the concern over the “safe haven” reputation of U.S. financial assets as a chance to attract investors.
 
King Dollar’s Shaky Crown
https://www.project-syndicate.org/onpoint/us-dollar-on-edge-by-maurice-obstfeld-2025-04
 
The spectre of dollar doomsday still looms
https://www.ft.com/content/4dfdcac7-2a7d-459f-bfe7-90df82e3dda5 

Kenneth Rogoff | Podcast | In Good Company | Norges Bank Investment Management

https://youtu.be/zAkj8tOq3kQ