In their latest commentary, the Cetera Investment Management Team explains questions they've been receiving regarding the U.S. dollar and its importance globally. China’s growing economy, Russian sanctions, and an ongoing debt ceiling debate have some speculating about the dollar’s status going forward. While they think the dollar will slowly become less of an allocation in central banks’ reserves, the dollar will remain the dominant currency for the foreseeable future.
As always, please reach out to the office if you have any questions.
U.S. Dollar Discussions
April 14, 2023