EURUSD welp EUR just missed a step at the open! I think I'll take it easy this week in markets, things are gonna stay crazy before it gets better. Good luck out there!
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Bank of America analyst Michael Hartnett argues that the weakening of the dollar is not merely a temporary adjustment, but rather a warning sign of the beginning of the end of U.S. dominance. The U.S. share of global stock markets has risen from 40% during the 2008 crisis to 67% today. At the start of 2024, most investors continued to bet on the sustained dominance of U.S. assets, while largely ignoring risks such as recession, prolonged bear markets, and escalating trade wars.
However, things are now shifting. Since the beginning of the year, we’ve seen growing interest in alternative paths, such as China's AI giant DeepSeek and emerging markets. All of this is part of a broader trend of global “capital liberation,” which could mark the start of a long-term decline in the dollar’s value and raise questions about the U.S.'s leadership in the global economy.
The historical cycle of reserve currencies supports this hypothesis. Over the past 500 years, monetary hegemony has shifted approximately every 80 to 100 years — from the Spanish real to the Dutch guilder, then to the British pound, and finally to the U.S. dollar. Current geopolitical and economic shifts suggest that the dollar’s era as the unrivaled global currency may be approaching its end. BTCUSDSPXGBPUSDEURUSD
EURUSD okay I just saw this when I was screwing around on Google unionrayo.com/en/goodbye-to-dollar-11-countries-drop-it-2025/ this was posted April 4th 2 days after the Tarrifs lol so again I ask you the question why are we short lol when prices are falling for the DXy and demand is even falling lol people don't want a depreciating asset so mostly people are going to favour gold over the dollar. make it make sense short sellers. honestly I totally could be wrong but there's so many bad factors at play with the USD. even tho there former ussr countries that still doesn't take away the billions of less dollars being used by countries and keep in mind other countries could follow suit it's possible, anything is possible in these markets