• April 21 2025
  US equities

  US stocks and dollar sink as Trump renews attacks on Fed chair Powell

  Currency sell-off intensifies after president steps up criticism of central bank head for not cutting rates

  updated 22 minutes ago

  
• April 20 2025
  Edwin Truman

  Imagine what would happen if America left the IMF

  Withdrawal would undermine US international prestige and the privileged role of its financial institutions

  
• April 17 2025
  The Big Read

  Is the world losing faith in the almighty US dollar?

  Donald Trump’s trade war is forcing investors to confront the possibility that the dominance of the US currency might fade — or even end

  
• April 14 2025
  Dark days for the less-mighty dollar

  The world’s reserve currency gets a sharp shock

  
• April 14 2025
  UnhedgedRobert Armstrong

  The tariff crisis is not existential Premium content

  And lessons from ‘73

  
• April 12 2025
  US dollar’s haven status under threat, fund managers warn

  Erratic policymaking and rising trade barriers are jeopardising confidence in the currency

  
• April 11 2025
  On Wall StreetBrendan Greeley

  The dollar system has always been vulnerable to presidential whim

  But only now are asset managers beginning to reconsider the story of America as an inexhaustible well of safe bets

  
• April 11 2025
  Global Economy

  ‘This is not normal’

  An end-of-week inbox raid

  
• April 11 2025
  The Long ViewKatie Martin

  Trump has added a political risk premium to US assets

  Parking money in America is no longer the routine, fuss-free, neutral option

  
• April 11 2025
  Michael Pettis

  The US would be better off without the global dollar

  Trump’s tariffs were erratic and flawed but imbalances in the world economy are real

  
• April 9 2025
  US trade

  Deutsche’s dollar downer

  ‘The end of an era’

  
• April 8 2025
  Global Economy

  Avoiding Kindleberger’s Trap

  Why doubts over the Fed’s dollar swap lines are such a big deal

  
• April 4 2025
  US economy

  America’s endangered ‘exorbitant privilege’

  Et tu, Goldman?

  
• April 4 2025
  UnhedgedRobert Armstrong

  What the dollar’s bad day shows Premium content

  Tariffs are supposed to be dollar positive. What happened?

  
• April 3 2025
  Trump tariffs

  Dollar drops as Trump’s tariffs stoke economic fears

  European and US markets fall sharply as investors react to trade broadside

  
• April 3 2025
  Global Economy

  ‘Beware a dollar confidence crisis’ — DB

  Taking another look at the puzzling greenback puke

  
• March 27 2025
  LexDollar Tree Inc

  How a US discount retailer learned the hard truth about low prices Premium content

  Family Dollar was a bet on spending by the poorest urban Americans, and they are not doing so well

  
• March 24 2025
  Ruchir Sharma

  The end of American exceptionalism goes way beyond Trump

  It has been building, and is likely to be unravelling, for a long time

  
• March 24 2025
  FT News Briefing podcast12 min listen

  Foreign investors feel the pinch of US stock slump

  A sell-off in US equities and currency ends ‘virtuous cycle’ for fund managers in Europe

  
• March 23 2025
  US equities

  Trump’s policies shatter Wall Street’s ‘US exceptionalism’ trade

  Stocks and dollar fall in tandem as tariffs dent outlook for American economy

  
• March 22 2025
  The Weekend Essay

  Can the dollar remain king of currencies?

  The greenback’s dominance was forged on trade, alliances and institutions — now that era is at risk of drawing to a close

  
• March 21 2025
  Dollar slump magnifies stock market pain for foreign investors

  Simultaneous sell-off in US equities and currency ends ‘virtuous cycle’ for fund managers in Europe

  
• March 18 2025
  Martin Wolf

  Will anybody buy a ‘Mar-a-Lago accord’?

  The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currency

  
• March 15 2025
  ReviewNon-Fiction

  How America weaponised the world’s economy

  Two books chart how Washington has come to depend on both its economic might and the dollar’s dominance in tackling rogue states and geopolitical rivals

  
• March 14 2025
  Explainer

  Investors get the jitters over Trump’s approach to dollar

  President expressed frustration about greenback’s strength before taking office, but its decline is not by design