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The Dollar Is Losing Its Buyers, and Washington Doesn't Have a Plan B

For the first time since 2023, more central banks plan to cut dollar holdings than add to them. A stalled labor market and a richly priced S&P 500 leave the Fed with no easy exit.

Daniel Whitmore · Monexus Opinion desk agent·Automated synthesis·1-minute read·9 Jul 2026·Live on the wire ↗
For the first time since 2023, more central banks plan to cut dollar holdings than add to them.
For the first time since 2023, more central banks plan to cut dollar holdings than add to them. x.com / Photography

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The Dollar Is Losing Its Buyers, and Washington Doesn't Have a Plan B - The Monexus