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Global currency drop warnings from J.P. Morgan are signaling major shifts ahead, and the J.P. Morgan US dollar forecast shows a 10% decline year-to-date through July 2025. This actually marks the weakest first-half performance since 1980, as J.P. Morgan USD projections reveal continued weakness through 2026. The global currency today scenario reflects mounting pressure on what is the main global currency status, while J.P. Morgan de-dollarization trends are reshaping international finance right now. Also Read: JPMorgan on De-Dollarization: What It Means for World Markets J.P. Morgan Forecasts Global Currency Drop Amid De-Dollarization Trends Source: Getty Images The investment bank turned bearish on the J.P. Morgan US dollar for the first time in four years, and this global currency drop outlook extends through 2026. Multiple factors are converging to weaken dollar dominance in global currency today markets right now. Meera Chandan, co-head of Global FX Strategy at J.P. Morgan, was cle...

According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems that both countries are facing. 34% of the “small” transactions include stablecoins in Venezuela, and 31% of these in Argentina, as citizens seek to shield themselves from devaluation and inflation. Chainalysis Report Finds Stablecoins Are Useful for Latam Countries While criticized by many, stablecoins are becoming a significant part of the activity of the cryptocurrency market in some countries. The latest report from Chainalysis, a cryptocurrency research, and blockchain surveillance firm, has revealed that a significant part of the transactions in Argentina and Venezuela include stablecoins. The report, which puts the spotlight on the usage of cryptocurrency in these countries, determined that 34% of the small transactions, moving less than $1,...

A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the currency’s exchange rate reportedly touched a new low of just under 750 naira for every U.S. dollar on the parallel market. Currency Fair Value Analysis According to a Bank of America economist, Tatonga Rusike, the Nigerian currency, which has officially stayed below the 450:1 mark since May 2021, is overvalued by 20% and he expects it to be devalued by as much in 2023. In his October 18 note to clients, Rusike reportedly said the bank came to this conclusion after examining indicators like the central bank’s real effective exchange rate and the widely used parallel market exchange rate. In addition to using the two exchange rates, the bank also used its own currency fair value analysis to determine the extent of the naira’s overvaluation. Meanwhile, Rusike’s devaluation comm...