Can U.S. sanctions on Russia backfire on the dollar's dominance?

Apr. 08, 2022 4:12 AM ETInvesco DB USD Bullish ETF (UUP), UDN, USDUFXI, EWU, FXB, EWUSBy: Yoel Minkoff, SA News Editor113 Comments

Dollar Ship

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Many of the recent sanctions leveled on Russia have power because they're based on the U.S. dollar, which is the most-widely used currency in global financial markets, trade and central bank reserves. However, some are cautioning that weaponizing the greenback

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