Deutsche Bank warns that the dollar faces the risk of a broad "crisis of confidence"
2025-04-03 20:09:24
The dollar is at risk of a crisis of confidence if US President Donald Trump's trade war causes investors to dump US assets accumulated over the past decade, according to Deutsche Bank. "We are in the midst of a dramatic market shift," George Saravelos, global head of foreign exchange strategy at the bank, wrote in a note to clients. "Given the magnitude of these moves, we are increasingly concerned about the risk of a broader crisis of confidence in the dollar."
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