Asian markets experienced a downturn on Tuesday, with the dollar facing its fifth straight monthly decline as investors react to President Donald Trump’s reversal of his proposed tariffs […]
China Orders Banks to Use Yuan in Cross-Border Trade Amid Tariff Tensions
China has mandated its largest banks to increase the usage of the yuan in trade with foreign partners, raising the required ratio to 40% from 25%, according to […]
Ethereum Breaks Records Amidst Weakening US Dollar
Ethereum has experienced a notable surge, reaching new heights with its price exceeding $2,593. This upward trajectory is attributed to the weakening of the US Dollar Index (DXY). […]
Dollar Sell-Off Predicted: Portfolio Rebalancing Expected
Barclays strategists predict a potential dollar sell-off as global investors prepare for portfolio rebalancing following eased trade tensions, which have boosted stock markets worldwide. This prediction is based […]
White House Defends Strong Dollar Amidst Economic Uncertainty
The White House has refuted the notion of secret economic strategies, emphasizing the resilience of the US dollar amidst global economic uncertainties. Global market volatility has contributed to […]
White House Denies Secret Plan to Weaken US Dollar
The White House is refuting speculation about a clandestine agreement aimed at weakening the US dollar, asserting its commitment to maintaining a strong greenback. This comes amidst recent […]
US Dollar Weakens: UBS Predicts Continued Decline Through 2026
A leading financial firm, UBS, has predicted a sustained decline in the value of the US dollar throughout the coming years. The prediction comes as a result of […]
Dollar Plummets as Traders Bet on Weaker Currency Ahead of G7 Meeting
The US dollar is experiencing a sharp decline, falling for the third consecutive day and hitting its lowest point in two weeks. This drop is attributed to growing […]
Citi Doubts Weakening Dollar Strategy: What It Means for Currency Traders
US dollar policy remains a focal point in global markets, especially for those involved in cryptocurrencies. Citi has provided a surprising perspective, suggesting the US administration is unlikely […]
U.S. Credit Downgrade Sparks Potential Yield Surge and Dollar Uncertainty
A recent downgrade of the U.S.’s credit rating is expected to lead to increased long-term Treasury yields, potentially reaching 5% in the coming year. This development has triggered […]
Bitcoin as Global Savings Vehicle: Strike CEO Predicts Dollar Decline
Jack Mallers, CEO of cryptocurrency payment platform Strike, warns that the U.S. is facing a financial crisis fueled by unsustainable debt levels and shrinking demand for its currency. […]
Asia’s Economic Recovery: A Time of Uncertainty Navigated with Resilience
While global economic uncertainty lingers due to the US dollar’s weakening position and trade tensions simmering beneath the surface, Asia is experiencing a resurgence in its economy. Surprisingly, […]
Bank of America Warns of Dollar Pessimism Triggering Capital Shift
Experts at Bank of America are sounding the alarm about historic pessimism towards the U.S. dollar, predicting a potential sell-off in U.S. Treasury bonds that could trigger substantial […]
U.S. Dollar Index Plummets 0.50%
The U.S. Dollar Index (DXY) experienced a significant drop of 0.50% during the day, settling at 100.47. This marks a notable decline in value.
Peter Schiff Critiques Bitcoin’s Rise, Focuses on Dollar Decline
Peter Schiff, a vocal critic of cryptocurrencies, challenged the recent Bitcoin price surge as merely a temporary bump in the market. He argues that Bitcoin’s impressive rally isn’t […]