From global equities to commodities like oil and gold, the US dollar sits at the centre of the financial system. When it moves, it can have a major impact on investment returns, inflation, and global markets. But the dollar’s dominance is increasingly being questioned.
In this episode of Investing Unlocked Extra, Georgie Frost speaks with Emma Wall, Chief Investment Strategist at Hargreaves Lansdown, about what’s happening with the dollar, why central banks are diversifying into gold, and what it all means for UK investors.
They also discuss the government-backed campaign to get more Brits investing, and the rise of people asking AI tools like ChatGPT for financial advice.
In this episode, we explore:
• Why the US dollar affects almost every investor
• Whether the dollar is losing its global dominance
• Why central banks are buying more gold
• How currency movements affect your investment returns
• The new UK campaign encouraging more people to invest
• The risks of using AI for financial advice
If you're wondering how currency movements impact your portfolio, this episode breaks down the bigger picture.
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Georgie Frost
What is Investing Unlocked?
Investing Unlocked is a smart, straight-talking podcast that decodes the jargon for people who want to make more of their money and understand what really drives investment performance.
Join Georgie Frost, multi-award-winning financial broadcaster, with regular guest Simon Lambert, alongside an impressive lineup of leading financial experts, as they go beyond the latest finance stories to explore the building blocks of investing, the behaviour behind it, the history that shaped it, and the big ideas influencing what happens next.
As investing moves to the centre of financial life in 2026, the show invites in the people traditional finance has left behind.
Investing Unlocked is sponsored by PensionBee.