Central banks plan to cut U.S. dollar holdings over the next decade

The Reuters article 'For first time, more central banks are set to shrink dollar holdings, survey finds' directly confirms the claim, citing the OMFIF Global Public Investor 2026 survey of 90 public investors managing ~$10 trillion. It states for the first time more central banks plan to cut dollar reserves than increase them over the next decade, with gold central to reserves and diversification toward the euro and renminbi. The primary OMFIF publication corroborates that central banks expect to decrease dollar allocations over the next 10 years and that gold has become central to reserve management. Minor note: the claim emphasizes 'euro' while the survey also highlights gold and the renminbi, but the substance of a shift away from the dollar toward gold and the euro is accurate.