Is the Dollar’s Reign Under Threat?

The U.S. dollar has long been the cornerstone of global finance, but shifts in markets and investor sentiment are raising new questions about its future. In this episode of The Validus View, CEO Kevin Lester sits down with CIO Kambiz Kazemi to explore the forces shaping the dollar’s trajectory and what they mean for private capital and institutional investors. They discuss the gradual erosion of the dollar’s dominance, why the euro and renminbi have yet to take its place, and whether its safe haven reputation still holds. The conversation also looks at why Canadian institutional investors hedge the dollar less than their global peers, the advantages of a more tactical approach to currency hedging, and the potential economic risks on the horizon. Packed with insights on macro trends and practical takeaways, this is a timely discussion for anyone navigating today’s interconnected markets.