April 21, 2025

Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman

1 min read

Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump’s tariffs policy shake-up not only threatens the dollar’s status as a safe

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