U.S. Dollar Discussions
In their latest commentary, the Cetera Investment Management Team explains questions they've been receiving regarding the U.S. dollar and its importance globally.
China’s growing economy, Russian sanctions, and an ongoing debt ceiling debate have some speculating about the dollar’s status going forward. While they think the dollar will slowly become less of an allocation in central banks’ reserves, the dollar will remain the dominant currency for the foreseeable future.
Commentary highlights:
- Currency fluctuations are normal and influenced by relative economic strength and differences in interest rates.
- Russian sanctions and a debt ceiling debate have increased discussions around the role of the U.S dollar.
- We remind investors that sensational headlines aim to capture short-term attention
As always, please reach out to us if you have any questions.