US Politics Could Soon Revive De-Dollarization Talk: FX Moment

An episode of the FICC Focus podcast, hosted by Bloomberg Intelligence, titled "US Politics Could Soon Revive De-Dollarization Talk: FX Moment" was published on September 3, 2024 and runs 16 minutes.

September 3, 2024 ·16m · FICC Focus

Summary

The dollar's status as the ultimate global reserve currency is intact and the currency is still leading on the International Monetary System's key parameters. Yet geopolitics and China's efforts to push for internationalization of the yuan are keeping FX regionalization and de-dollarization topical. Audrey Childe-Freeman, Bloomberg Intelligence's chief G-10 FX strategist, and BI chief Asia FX and rates strategist Stephen Chiu discuss how the looming US presidential election might affect de-dollarization. Stephen and Audrey also touch on some key themes covered in their latest FX Deep Dive: ''De-Dollarization, FX Regionalization and the Yuan's Expansion'', including the role of gold as a factor in the de-dollarization debate. The deep dive can be found at BI CURR on the terminal.

Episode Description