King dollar will continue to reign supreme for 3 key reasons despite rising talk of de-dollarization


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The dollar is the most important currency in the world. EVA HAMBACH/Getty Images The US dollar is king and its reign won't end any time soon, according to LPL's chief global strategist Quincy Krosby. Recent currency moves by China and Russia have led to increased reports of a "de-dollarization" movement. But there are 3 key reasons why the US dollar won't be dethroned, according to Krosby. Efforts by China to turn its yuan into a top global reserve currency have sparked fears about the potential downfall of the US dollar, but that's not happening any time soon according to one...