Dollar hegemony

2 publicaciones

8 octubre 2026

The loss of U.S. excepcionalism

The US is increasingly relying on private capital to finance its external deficit, which is making the dollar and the financial markets more vulnerable. The reduction in debt purchases by…

Artículo

3 junio 2026

The dollar′s uncertain hegemony: Headed towards a new equilibrium?

The dollar has lost more than 11% of its effective exchange rate value since early 2025, defying the appreciation that would normally accompany higher tariffs. The evolution reflects not just…