Deutsche is saying that amid the latest developments, there is a risk that major shifts in capital flow allocations take over from currency fundamentals. In turn, that will produce "disorderly" moves in the currencies market and trigger a confidence crisis in the US dollar. I'm guessing what they mean is the sort of thing we're seeing with the price action so far today. Other notes from Deutsche in the past month:
Euro continues to rise as Deutsche Bank questions the US dollar's safe-haven statusDeutsche Bank sees the most significant risk of global dollar de-dollarisation since WWII This article was written by Justin Low at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Deutsche Bank warns of a dollar confidence crisis )
Also on site :
- Planting the seeds for remembering
- Prabowo hails BRICS entry, reaffirms Indonesia’s non-aligned stance
- Israel-Iran war stretches into a second week without diplomatic breakthrough