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The recent leg lower in the USD started polemics among traders and investors. Many voices began arguing that the USD’s role as the world’s reserve currency is in danger.
After all, it dropped 10% against the Euro in less than four months. Is it so that the USD is poised to lose its influence? Unlikely.
USD Still Dominates World’s Financial Markets
Before going into details regarding the USD’s role in the world’s financial markets, one…
The post No Alternative to the USD as the World’s Reserve Currency appeared first on Vantage Point Trading.
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