美元指数创50年最差半年度表现！多重利空压顶 全球央行疯狂囤金“去美元化”

Group 1 - The US dollar has experienced its weakest first half since the Nixon administration, with the dollar index down 10.7% against other major currencies, marking the worst semi-annual record since 1973 [1] - Multiple negative factors, including worsening fiscal conditions and geopolitical tensions, are exerting continuous pressure on the dollar, suggesting greater challenges ahead in the second half of the year [1] - Despite the dollar's depreciation, it has not significantly impacted the US stock market, as over 40% of S&P 500 companies' revenues come from overseas, making a weaker dollar beneficial for US exports [1] Group 2 - Central banks globally are accelerating gold purchases as a reserve asset, with monthly gold buying reaching 24 tons, reflecting a strategic intent to reduce reliance on the dollar amid ongoing tariff and fiscal deficit issues [2] - There is a divergence in Wall Street's outlook on the dollar, with some analysts believing that the dollar's core position in global trade and finance remains irreplaceable, while others predict a slow "de-dollarization" process due to significant shortcomings in alternative currencies [2][3] - US Treasury Secretary Scott Basset described recent exchange rate fluctuations as a "normal phenomenon," but rising US bond yields indicate ongoing market concerns regarding US assets [3]