According to a report by Jinse Finance, Jefferies analysts stated in their 2026 outlook report that the dominance of the US dollar in global foreign exchange reserves may face gradual erosion, partly due to tariffs imposed on trade partners by Trump’s policies. The report said, “Recent trade wars have undermined the dollar’s status as the primary reserve currency.” Although the US dollar will remain the core reserve currency in the short term, “a slow and sustained de-dollarization trend may emerge.” The analysts warned that as geopolitical and trade tensions intensify, central banks and investors may begin to question the risks of concentrating all reserves in the dollar and seek diversified allocations. “Investors may reassess the strategy of overreliance on the dollar and instead increase holdings of other assets.” Jefferies believes that gold will be the main beneficiary in this de-dollarization process.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
