Analyst Murat Tufan from the EKOTÜRK broadcaster commented that the dollar’s surge against the lira was anticipated, particularly after Turkey’s elections in May.

Source: https://themedialine.org/mideast-daily-news/turkish-lira-dips-to-record-low-against-us-dollar/

“I think the dollar’s initial momentum is towards a decline.”

Source: https://www.chiangraitimes.com/news/the-us-dollar-is-poised-for-a-steep/

Meanwhile, among the traditional benefits of the dollar’s global role is America’s ability to use financial sanctions to try to advance its security interests.

Source: https://foreignpolicy.com/2023/04/24/brics-currency-end-dollar-dominance-united-states-russia-china/

The enemies of America (and some allies?) can’t wait to see US politicians destroy the dollar’s primacy so they can start pushing their respective currencies as the new standard-bearer.

Source: https://businessmirror.com.ph/2023/05/12/will-us-politicians-end-dollars-primacy/

The initial move to a gold-backed trade currency is likely to undermine the dollar’s purchasing power, leading to higher oil and gas prices, particularly as depleted reserves need replenishing ahead of the Northern Hemisphere’s winter months.

Source: https://www.lewrockwell.com/2023/08/alasdair-macleod/gold-is-replacing-the-dollar/