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US Dollar Future: JP Morgan Flags New De-Dollarization Warning

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De-dollarization is accelerating according to JP Morgan’s latest Analysis , as the banking giant warns that weaponized sanctions are steadily undermining confidence in the US dollar as the global reserve currency. For the first time in many years actually, US stocks, bonds, and also the dollar have all declined simultaneously—a rare and concerning signal that investor confidence in US market leadership is shifting dramatically due to this de-dollarization trend. Also Read: Nvidia Rewires H20 Chip to Bypass China Ban: NVDA Stock Set to Rebound? How JP Morgan’s Forecast Reveals The Global De-Dollarization Trend Source: Watcher Guru Dollar Reset Underway JP Morgan’s latest forecast indicates that the US dollar’s longstanding overvaluation is finally unwinding, with a potential 10-20% decline against major currencies such as the euro and Japanese yen. This significant de-dollarization movement coincides with foreign investors dramatically reducing their US stock infl...
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Euro Loses Ground To Gold As US Dollar Reserves Decline

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A new Analysis by the prestigious Bank of America has revealed compelling insight. The bank has shared how gold has defeated the euro to emerge as the second-largest central bank reserve asset. With the current geopolitical changes, Gold is surging at a record pace, marching aggressively towards $3000. If the market favors the yellow metal, it may soon surpass leading assets and spark a massive price rally. Also Read: ChatGPT Predicts XRP’s Price Post Ripple ETF Launch Euro vs. Gold – Which Is The Best Investment? Source: iStock The analysts at Bank of America have shared how gold has surpassed the euro as the second-largest asset for banks worldwide to hoard. With the central bank gold buying spree that thrived this year, gold reserves in world banks have reached their peaks, with the yellow metal holding up a nearly 16% share as a leading central reserve asset. At the same time, the US dollar reserve share value has dropped significantly. The USD reserve share dropped 58% as Ea...
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Circle launches native euro stablecoin on Stellar

The EURC stablecoin (formerly EUROC) is now available on Stellar in addition to Ethereum and Avalanche. Stablecoin issuer Circle has launched a Stellar network version of its euro-backed stablecoin , EURC, according to a Sept. 26 announcement. EURC was previously only available on the Ethereum and Avalanche networks. Hello Europe meet our new friend EURC on #Stellar. Same speed, low cost, and reliability of the Stellar network we all know and love in a brand new currency. With @circle's EURC, we can't wait to see what real-world utility builders unlock next.@TeanaTaylor breaks it… pic.twitter.com/eQE5sMZI2M — Stellar (@StellarOrg) September 26, 2023 Stablecoins, or fiat-backed crypto tokens, have become an essential component of the Web3 ecosystem. They allow users to send payments, borrow currency, lend it out for interest, and perform other fiat-currency related actions on blockchain networks. U.S. dollar-backed USD Coin (USDC) and Tether (USDT) are currently the sixt...
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