#DXY is gonna fall sharply!! Whats your thought on this?$$

Saudi Arabia Shakes Up Oil Trade

The world's top oil exporter, Saudi Arabia, has opted not to renew a key security pact with the U.S., allowing them to trade oil in currencies beyond the U.S. dollar. This decision could weaken the dollar's grip on global oil trade, opening doors for settlements in euros, yuan, or even the Saudi riyal. This shift marks a significant change in international finance, potentially impacting the dollar's dominance.