How the Dollar Dominates Global Payments in 2026

In this episode of International Business with Fexingo, Lucas and Luna dive into the dollar's continued dominance in global payments, despite rising de-dollarization efforts. They discuss the latest SWIFT data showing the dollar's share of international payments holding above 48 percent, while the euro and yuan struggle to gain ground. The hosts explore the structural reasons—deep bond markets, energy pricing, and trade invoicing inertia—that keep the dollar on top, and why recent bilateral deals between India and Russia or China and Brazil haven't shifted the needle much. With the trade-weighted dollar index at 120.1 and emerging market currencies under pressure, the conversation highlights the real-world impact on multinational operations and trade finance. Lucas and Luna also touch on how the strong dollar affects cross-border deal-making and what the Fed's next moves could mean for global liquidity. A focused look at the one currency that still rules international commerce. #DollarDominance #GlobalPayments #SWIFT #DeDollarization #TradeFinance #StrongDollar #EmergingMarkets #CurrencyWars #CentralBanks #USDIndex #InternationalTrade #CrossBorderPayments #Business #Finance #Economics #FexingoBusiness #BusinessPodcast #GlobalTrade Keep every episode free: buymeacoffee.com/fexingo