Bank of England Urges Banks to Evaluate Dollar Shock Resilience

According to Odaily, the Bank of England has instructed several major banks to assess their resilience to potential U.S. dollar-related shocks. This move reflects rising concerns over President Donald Trump’s economic policies, which some view as eroding global confidence in the U.S. as a financial anchor. Insiders revealed that UK-based global banks have been asked to review their dollar funding strategies and prepare for extreme stress scenarios — including a total freeze in the dollar swap market. Analysts suggest this directive underscores a broader shift in global finance, where trust in international cooperation and dollar dominance is increasingly fragile.