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Tag Archives: Euro Zone

Why the U.S. Dollar Remains Strong | WSJ

Despite many pundits predicting that the U.S. dollar would lose its global dominance, the coronavirus pandemic has only served to demonstrate how vital it remains to the international financial system. WSJ explains why this isn’t the first crisis to do so. Photo: Scott Eells/Bloomberg More from the Wall Street Journal: Visit …

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How Global Trade Runs on U.S. Dollars | WSJ

Nearly 90% of international transactions in 2019 were in U.S. dollars, giving the U.S. extraordinary power over nearly every entity that imports or exports anything anywhere. Here’s how the global economy runs on the U.S. dollar — and why some countries are trying to chip away at its dominance. More …

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