Core Viewpoint - The position of the US dollar as a reserve currency in international financing, payments, and trade transactions is unlikely to be challenged in the short term, but the role of the euro could gradually expand, especially if a "more European" approach is achieved [1] Group 1 - The US dollar maintains its dominance in international financing and trade transactions [1] - The euro's role could increase over time with the implementation of a more integrated European strategy [1]