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Barchart
Barchart
Darin Newsom

What Is Driving Global De-Dollarization?

  • The US dollar index fell to a new 39-month low of 97.78 early Thursday morning, down 0.85 from Wednesday's settlement.
  • Most of the early morning headlines talked of global de-dollarization, pre-dominantly in Asia.
  • This had been squawked about over the last number of years from global adversaries, but in the end all it took was US policies to spark selling from around the world. 
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