De-Dollarization: Wall Street Banks Forecast Further US Dollar Weakness
Major Wall Street banks are now predicting that de-dollarization trends will continue accelerating, and they’re forecasting further weakness in the US dollar ahead. Right now, Morgan Stanley, JPMorgan Chase, and Goldman Sachs are all reinforcing their bearish calls on the greenback, citing interest-rate cuts, slowing economic growth, and President Trump’s trade policies as the main drivers. This global de-dollarization trend is gaining momentum as investors become increasingly concerned about currency diversification risks, and Wall Street’s dollar forecast models are pointing to significant declines ahead. Also Read: De-Dollarization: Full List of Countries Dropping the US Dollar & Key Reasons Wall Street’s De-Dollarization Fears Point To Global Currency Risks Source: Watcher.Guru Major Banks Signal Dollar Weakness Wall Street institutions are becoming more vocal about their concerns regarding de-dollarization, and Morgan Stanley has made headlines by predictin...