Donald Trump’s trade war is forcing investors to confront the possibility that the dominance of the US currency might fade — or even end
The world’s reserve currency gets a sharp shock
And lessons from ‘73
Erratic policymaking and rising trade barriers are jeopardising confidence in the currency
But only now are asset managers beginning to reconsider the story of America as an inexhaustible well of safe bets
An end-of-week inbox raid
Parking money in America is no longer the routine, fuss-free, neutral option
Trump’s tariffs were erratic and flawed but imbalances in the world economy are real
‘The end of an era’
Why doubts over the Fed’s dollar swap lines are such a big deal
Et tu, Goldman?
Tariffs are supposed to be dollar positive. What happened?
European and US markets fall sharply as investors react to trade broadside
Taking another look at the puzzling greenback puke
Family Dollar was a bet on spending by the poorest urban Americans, and they are not doing so well
It has been building, and is likely to be unravelling, for a long time
A sell-off in US equities and currency ends ‘virtuous cycle’ for fund managers in Europe
Stocks and dollar fall in tandem as tariffs dent outlook for American economy
The greenback’s dominance was forged on trade, alliances and institutions — now that era is at risk of drawing to a close
Simultaneous sell-off in US equities and currency ends ‘virtuous cycle’ for fund managers in Europe
The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currency
Two books chart how Washington has come to depend on both its economic might and the dollar’s dominance in tackling rogue states and geopolitical rivals
President expressed frustration about greenback’s strength before taking office, but its decline is not by design
Anatomy of a bad idea
The US president’s officials are standing by their strategy to remake the world’s largest economy