As markets heat up, the US dollar faces new challenges. With several countries reducing their dependence on the USD in international trade, are we witnessing the beginning of the end of its dominance?
đ What is happening:
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China, Russia, and BRICS countries are pushing for agreements in local currencies.
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Gold and cryptos like Bitcoin are gaining relevance as reserve alternatives.
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The FED may keep rates high, but... will it be enough to sustain USD demand?