Politics is now driving the dollar
The normal order of what influences the world’s most important reserve currency is breaking down
Related reading
Don’t bet on dollar dethronement
If you want to see how entrenched the US currency is in the global system, look at the foreign exchange swap market
Dollar hits 4-year low as ‘chaotic’ policymaking tests investors’ nerves
Many investors expect the dollar to weaken further in 2026
Money Beyond Borders — the making and breaking of global currencies
The US dollar’s future is explored in Barry Eichengreen’s well-informed history on purchasing power in the monetary market
The frightening world without the dollar
What will the global economy look like if it loses its monetary anchor?
US pushes for wider global dollar adoption
Officials in Washington explore how to encourage more countries to adopt greenback as their primary currency
Politics not tech makes the world go round
The future, like the recent past, will be shaped in the public realm