Dieter SPannknebel | Getty Images The U.S. Dollar suffered in 2025 as traders embraced "Sell America." But the war in Iran boosted the global reserve currency —albeit temporarily — and has analysts debating: has the greenback turned a corner? Deutsche Bank has ignited debate after one of its strategists predicted that the dominance of the U.S. dollar could be eroded if countries decide to price cr...
Dieter SPannknebel | Getty Images The U.S. Dollar suffered in 2025 as traders embraced "Sell America." But the war in Iran boosted the global reserve currency —albeit temporarily — and has analysts debating: has the greenback turned a corner? Deutsche Bank has ignited debate after one of its strategists predicted that the dominance of the U.S. dollar could be eroded if countries decide to price crude in alternative currencies. The Iran war could be remembered as a key catalyst for "erosion in petrodollar dominance, and the beginnings of the petroyuan," Deutsche FX managing director Mallika Sachdeva said in a note published March 24. Franklin Templeton responded on April 14 with a note that called the analysis "remarkably simplistic," writing that Sachdeva has misinterpreted the security-for-oil-pricing relationship with Saudi Arabia. "Oil is not priced in US dollars simply because the United States has long acted as the world's policeman," wrote Sonal Desai, Franklin Templeton's fixed income CIO. "Oil exporters have a strong self-interest in getting paid in USD, because of what dollars represent: access to the deepest, most liquid capital markets in the world, backed by an institutional and legal framework that protects property rights and enforces contracts, supported by a strong, dynamic, and innovative economy." During the first half of 2025, the dollar posted its worst performance in over 50 years after U.S. President Donald Trump walked back his "liberation day" tariffs announced in April, rattling faith in the country's assets. The dollar index, which tracks its performance against a basket of major currencies, fell almost 10% through 2025. It enjoyed something of a reprieve after the Iran war began on Feb. 28, strengthening against all major currencies and moving in tandem with the oil price, before weakening again as hopes of peace have brought down crude and WTI prices. Deutsche and Franklin's positions represent two ends of the spectrum in the de-dollariza...
James Turner, BlackRock global fixed income EMEA head, discusses the European economy and bond space in light of the current geopolitical situation in the Middle East and its impact on supply chains. "We have to remember that it's very much a supply-side shock," Turner tells Bloomberg Television. He also talks about the European Central Bank and says it is unlikely the ECB will deliver three rate ...
James Turner, BlackRock global fixed income EMEA head, discusses the European economy and bond space in light of the current geopolitical situation in the Middle East and its impact on supply chains. "We have to remember that it's very much a supply-side shock," Turner tells Bloomberg Television. He also talks about the European Central Bank and says it is unlikely the ECB will deliver three rate hikes in 2026. "I don't think, for example, we're going to see three rate rises from the ECB this year. I am not even sure we'll see two." (Source: Bloomberg)
Beta Bionics, Inc. (BBNX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Beta Bionics, Inc. (BBNX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 3.1% in the afternoon session after sentiment improved following significant moves from heavyweights like Meta Platforms, which extended its partnership with Broadcom to deploy custom AI chips.
Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 3.1% in the afternoon session after sentiment improved following significant moves from heavyweights like Meta Platforms, which extended its partnership with Broadcom to deploy custom AI chips.