State of the Dollar The DXY index fell to 97.46, its low since October 2025,
Due to expectations of Fed rate cuts and global monetary divergences.
Projections indicate more weakness (to 94.60 in a year), but the dollar remains the dominant reserve despite gradual de-dollarization. Reasons for the Inverse Relationship Gold acts as a safe haven when the dollar weakens, attracting inverse demand, but does not replace it as a global currency.
Alarmist theories (like those of Peter Schiff) talk about the "end of the dollar", but they are speculative; there is no evidence of disappearance.