A new survey shows how the world is now becoming increasingly disconnected from the US dollar. A Bloomberg survey has revealed staggering USD details, adding how the trend of de-dollarization is spreading like wildfire, putting the American currency in grave jeopardy. In response to this, the survey reveals how the world continues to think that the US dollar is bound to fall amid heightened scrutiny and speculation, the Bloomberg Pulse survey reveals.

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A New Survey Predicts The US Dollar’s Declining Pace

According to Bloomberg’s pulse survey data, a “little more than half of 251” respondents think that the USD may continue to reign supreme. However, the remaining respondents have revealed how the current geopolitical uncertainty is pushing them to believe that the US dollar is undergoing a downward spiral. The latest survey further stated that half of the respondents are of the view that the USD may continue to fall in the future, plummeting to new lows amid tightened market policies and pressure.

“While we expect further dollar weakness, investors now perceive more two-way risks. Some argue the depreciation may be overdone, especially given resilient US asset returns.” Goldman Sachs Group Inc. strategists, including Christian Mueller-Glissmann and Michael Cahill, wrote in a note to clients.

In addition to this, Invesco Ltd. Senior Portfolio Manager Kristina stated how a weak dollar is currently a development that the world has to deal with.

“A weaker dollar is here to stay.” Kristina later shared

The American Currency’s Downward Spiral: What’s Happening?

The Trump-led regime had first come into the picture with grand plans of reinstating the dollar’s status. However, the regime, with its constant tariff hikes and policies, has left the USD battered in the dust. Per Bloomberg, the sentiment towards USD remains “overwhelmingly bearish” as the world now speculates on the US’ stance on the current Iran-Israel war.

In addition to this, Gregory Mannarino of Trends Journal believes that the US dollar can crumble within 30 years if it continues to devalue at a rapid pace.

“This chart above demonstrates CLEARLY that IF and only IF the current trajectory of U.S. dollar devaluation continues as it is… AT BEST the USD has 32 years left before it goes to ZERO. But… I see purchasing power losses accelerating, which means we have much less than 32 years. Here is why… and here is the proof. Even under current conditions, the dollar is mathematically on track to hit zero within 32 years (by ~2057)… And that’s assuming the devaluation rate stays at 9.5 percent per year. But it won’t.”

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