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In this episode of the Converge, Stephen Dooley and Shier Lee Lim discuss the current state of currency markets, focusing on the US dollar's recent performance and its implications for global finance. They explore the breakdown of the dollar as a safe haven, the slow evolution of de-dollarization, and the impact of US policy on Asian currencies. The conversation highlights the complexities of risk management in today's financial landscape and the ongoing relevance of the dollar smile framework. Chapters 00:00 Introduction to Currency Markets and the US Dollar 02:33 The Breakdown of the US Dollar as a Safe Haven 07:53 De-Dollarization: Are We Moving Away from the US Dollar? 09:37 The Asia Pacific Perspective on the US Dollar 11:18 Final Thoughts on Currency Volatility and Risk Management Disclaimer: Converge is Convera’s podcast that discusses a range of financial services topics. We want to remind our listeners that the information shared on this podcast is for informational purposes only and should not be considered financial advice. Please note that the opinions expressed on Converge are solely the opinions of the host and the guests, not Convera’s.