Home News The Decline of U.S. Dollar Dominance Will Be Slow

The Decline of U.S. Dollar Dominance Will Be Slow

July 3, 2025

by Eamonn Sheridan
Trading View

Westpac have popped up a piece summarising three key themes that have emerged from the European Central Bank’s annual conference in Sintra that concluded on Wedneday:

Asia and the West have different responses to the trade shock
The decline of US dollar dominance will be slow
Reliance on the neutral rate offers diminishing returns

On that second point,the note from WPAC says, in brief:

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