US unpredictability may drive shift away from dollar

Unstable US relations with allies is a factor incentivizing a swifter exodus from the dollar to the euro and renminbi Partly in response to tensions over Washington’s somewhat unpredictable foreign policy shifts, Danish and Dutch pension funds moved billions of dollars out of US-dollar-denominated assets in January, mainly into the euro and other developed-market currencies. […] The post US unpredictability may drive shift away from dollar appeared first on Dow Jones .