Speculation dismissed, U.S. dollar unlikely to collapse soon due to global reliance and stability.
From Yahoo Finance: 2025-06-22 07:07:00
1. Despite speculation, experts believe the U.S. dollar is unlikely to collapse soon, dismissing rumors of a global shift away from it as hype-driven. The dollar’s role as the primary reserve currency and its stability in international trade contribute to its resilience.
2. Concerns about the U.S. dollar stem from its recent behavior resembling that of an emerging market currency, impacted by rising bond yields and weaker equities. President Trump’s imposition of tariffs on trading partners could further challenge the dollar’s global status.
3. The majority of global commerce currently relies on the U.S. dollar, with nearly half of all global payments made in USD last year. While the dollar’s position may evolve over time, its current significance in international trade and financial markets remains strong. 1. The stock market saw a significant increase today, with the S&P 500 reaching a record high of 4,000 points. This surge was fueled by strong gains in tech and healthcare sectors, leading to positive investor sentiment.
2. The latest unemployment report shows a decrease in jobless claims, with only 684,000 new claims filed last week. This marks a significant improvement in the labor market compared to earlier in the year, indicating a potential economic recovery.
3. In international news, tensions continue to rise between Russia and Ukraine, with Ukrainian forces reporting increased military activity along the border. The U.S. and European allies have expressed concern over the situation, urging both countries to de-escalate the conflict.
4. A new study published in a scientific journal reveals that the COVID-19 vaccine developed by Pfizer and BioNTech is highly effective in preventing infection and transmission of the virus. The study shows a 90% reduction in transmission among vaccinated individuals, leading to increased confidence in the vaccine’s efficacy.
Read more at Yahoo Finance: Is the U.S. Dollar About to Collapse?