De-dollarization: Is the US dollar losing its dominance?
Summary
J.P. Morgan's Global Research analyzes de-dollarization across FX markets, reserves, debt ownership, and commodity pricing, highlighting a gradual shift away from USD dominance while noting transactional strength and ongoing USD hegemony in trade and finance. It emphasizes potential macro implications for US assets and global liquidity, with expert quotes and data from BIS and JPM research.