🇺🇸 Recent data indicates a breakdown in the dollar's traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc 🇨🇭 and Japanese yen 🇯🇵, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump's tariffs policy shake-up threatens the dollar’s status as a safe haven during market stress and could erode its dominance as the de facto global currency. He emphasized that this shift could unleash negative consequences, including higher borrowing costs for the U.S. government and consumers. Wizman noted that unlike past financial crises, where U.S. policymakers worked to stabilize the international financial system, the current approach appears to dismantle it in a non-diplomatic and abrupt manner, reflecting a significant change in U.S. motivations and methodologies. What do you think about the future of the dollar in the global market? 💬