In a recent interview with Daniela Cambone on ITM Trading, financial expert Peter Grandich shared his insights on the shifting dynamics of global currency reliance, particularly concerning the U.S. dollar. With the presidential election of Donald Trump casting a large shadow over market sentiments, Grandich cautioned that the waning dominance of the dollar is not merely a temporary trend and is unlikely to be reversed solely by political changes. Grandich’s observations highlight a critical point: global reliance on the U.S. dollar is diminishing. “There’s clear that we continue to see a lesser use of the dollar,” he stated, implying that…
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