Deutsche Bank warns the dollar faces widespread "confidence crisis" risk
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2025-04-04 05:03 6,205
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Golden Finance reported that Deutsche Bank said that if the trade war between US President Trump causes investors to sell up U.S. assets accumulated over the past decade, the dollar will face the risk of a crisis of confidence. “We are in a state of drastic market changes,” George Saravelos, head of global forex strategy at the bank, wrote in a report to clients. “Given the drastic nature of these trends, we are increasingly concerned that the dollar is at risk of a broader crisis of confidence.”