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This week on Money & Investing, Mitch Olarenshaw and I discuss the future of the US dollar, focusing on its trajectory and the key factors influencing its movement.
1. Interest rates and the $
We start by analysing the expected lower interest rates in the United States. We explore how potential rate cuts could impact the dollar’s value and the broader economy.
2. Oil sales & common misconceptions
Next, we address ongoing speculation about Saudi Arabia’s oil sales and its supposed exclusive use of the US dollar. We break down the realities behind the headlines and the true implications for the dollar.
3. Politics & the dollar strength
We then examine the political landscape, particularly how a potential Republican win could influence the strength of the US dollar. Our focus is on trade and manufacturing impacts.
4. The USD from a global perspective
Finally we take a global perspective, considering how other countries might view the US dollar and the growing pressures on its status as the world’s reserve currency.
For more Info about Money and Investing you can go to the podcast at http://www.moneyandinvesting.com.au/; The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/, and The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387
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The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
