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Bitcoin.com 2023-07-21 01:30:09

JPMorgan Warns Dollar Dominance Faces Risks From Political Instability, US-China Tensions

JPMorgan has warned of the risks to the U.S. dollar’s dominance from escalating U.S.-China tensions and political instability. The global investment bank’s strategists anticipate “partial de-dollarization,” in which the Chinese yuan gradually assumes a more significant role in global trade. JPMorgan on De-Dollarization Threat Global investment bank JPMorgan has warned that the dominance of the

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