The U.S. Dollar Index (DXY) surged by 1.03% to reach a value of 103, indicating strong market trends.
Dollar Plummets as Asia FX Booms Amid Trump Tariffs
The forex market is witnessing a significant shift with Asian currencies surging in value, fueled by the decline of the US dollar due to renewed trade tensions sparked […]
Dollar Index Drops Below Tariff Announcement Level
The U.S. Dollar Index (DXY) is experiencing a decline, falling below the level observed when former President Trump announced comprehensive tariffs. According to BlockBeats, the index has dropped […]
Dollar Dominance Erodes as De-dollarization Gains Ground
The US dollar’s reign as the world’s reserve currency is under threat as a global shift towards de-dollarization accelerates. Increasingly, investors and analysts view the stability of the […]
UBS Forecasts EUR/USD Drop to 1.07, Sees Swedish Krona Strength
Major financial institution UBS recently released a Forex forecast that has sent ripples through the market. The prediction suggests a potential weakening of the Euro against the US […]
Dollar Index Dips Short-Term
The U.S. Dollar Index (DXY) has experienced a temporary decline, dropping by 20 points to reach its current value of 104.16. This recent shift in the index suggests […]
BlackRock CEO Raises Concerns About Dollar’s Reserve Currency Status
Larry Fink, CEO of BlackRock, has voiced worries about the US dollar potentially losing its position as the global reserve currency. In his recent statements, Mr. Fink suggests […]