# Could the euro topple the U.S. dollar as the world's reserve currency?

> CNBC examines whether the euro could challenge the dollar's reserve-currency status, noting the dollar holds nearly 60% of global FX reserves versus about 20% for the euro. Analysts were divided on the euro's prospects, and the dollar index had fallen sharply during the tariff volatility.

- Date: 2025-05-30 · published 2025-05-30T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/24904-could-the-euro-topple-the-u-s-dollar-as-the-world-s-reserve-currency
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Any sustained shift away from the dollar would influence the cost of dollar-denominated grain and oilseed trade, but the change is a long-term question rather than a current price driver.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-04-22 | [Euro and U.S. dollar waffle as markets weigh ECB policy talk](https://feedsoft.ai/events/47818-euro-and-u-s-dollar-waffle-as-markets-weigh-ecb-policy-talk.md) | -0.3% | -1.2% |
| DXY | 2018-02-23 | [Chinese yuan against the dollar: China currency appreciation](https://feedsoft.ai/events/66714-chinese-yuan-against-the-dollar-china-currency-appreciation.md) | +0.6% | -0.6% |
| DXY | 2024-06-28 | [Will the Canadian Dollar Soar This Summer? - Interchange Currency Exchange](https://feedsoft.ai/events/30029-will-the-canadian-dollar-soar-this-summer-interchange-currency-exchange.md) | -0.7% | -0.5% |
| DXY | 2025-05-07 | [Dollar languishes ahead of Federal Reserve meeting, Asian currencies calmer](https://feedsoft.ai/events/9623-dollar-languishes-ahead-of-federal-reserve-meeting-asian-currencies-calmer.md) | +0.8% | -0.8% |
| DXY | 2022-12-27 | [BOK's reserve management team expects dollar to bounce back amid recession woes - The Korea Herald](https://feedsoft.ai/events/38453-bok-s-reserve-management-team-expects-dollar-to-bounce-back-amid-recession-woes.md) | +0.1% | -2.5% |

## Sources

- cnbc.com: https://www.cnbc.com/2025/05/30/could-the-euro-topple-the-us-dollar-as-the-worlds-reserve-currency.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.