Will King Dollar lose his crown?

The US dollar is the world’s leading reserve currency. But it might not always be.

Chinese soldiers shouting
China is a rising power; could its currency supplant the dollar?
(Image credit: © GREG BAKER/AFP via Getty Images)

“Will the fall of Kabul now bury belief in a world led by the US as its sole superpower?”, asks Louis-Vincent Gave of Gavekal Research. Can “US military prestige survive a defeat at the hands of untrained farmers driving Toyota pickups?”

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Markets editor

Alex is an investment writer who has been contributing to MoneyWeek since 2015. He has been the magazine’s markets editor since 2019. 

Alex has a passion for demystifying the often arcane world of finance for a general readership. While financial media tends to focus compulsively on the latest trend, the best opportunities can lie forgotten elsewhere. 

He is especially interested in European equities – where his fluent French helps him to cover the continent’s largest bourse – and emerging markets, where his experience living in Beijing, and conversational Chinese, prove useful. 

Hailing from Leeds, he studied Philosophy, Politics and Economics at the University of Oxford. He also holds a Master of Public Health from the University of Manchester.