Deutsche Bank says risk of a dollar confidence crisis
Government
LONDON : Deutsche Bank warned on Thursday of the risk of a crisis of confidence in the U.S. dollar, saying major shifts in capital flow allocations could take over from currency fundamentals and currency moves become disorderly. The dollar, the world's No.1 reserve currency, came under broad-based selling pressure on Thursday as U.S. President Donald Trump's latest tariff salvo raised concerns about U.S. recession risks. "Our overall message is that there is a risk that major shifts in capital
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