Macquarie: The Dollar Is Unlikely to Fully Reverse Its Recent Decline

According to a report by Jinse Finance, Macquarie strategist Thierry Wizman stated that even if the Trump administration removes all tariffs, the dollar is unlikely to fully reverse its recent declines. He said, "After all, aside from capital flight, considering the decline in the integrity of some U.S. institutions and systems, it is also necessary to reduce reliance on the dollar. The dollar will no longer be an indispensable currency, but more of an alternative to a few comparable currencies like the euro."