Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that Trump’s tariffs policy shake-up not only threatens the dollar’s status as a safe […]
Several international analysts examined how the introduction of a BRICS international payment system might affect the current use of the U.S. dollar in trade. Experts cited sanctions evasion, cost reduction, and transaction confidentiality as the main advantages of this system compared to alternatives like SWIFT. Experts Warn Upcoming BRICS Payment System Might Dent Dollar’s Trade
Stablecoin trading volumes skyrocketed following the confirmation of the end of currency control measures in Argentine markets. Local exchanges reported a 100% increase in trading volumes, initially driven by selling trends. However, by Saturday, buyers had taken control, leading to rising exchange rates. Argentine Stablecoin Trading Volumes Blow up as Currency Controls Get Lifted The
Argentine Stablecoin Markets Soar After Announcement Ending Currency Controls Read More »
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar purchases to stop speculation. China Reportedly Issuing Dollar Purchase Guidance to Control Yuan Value Drop China
China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Robert Kiyosaki, author of “Rich Dad Poor Dad,” now says silver is a superior investment to gold or Bitcoin. He cites increasing industrial demand and dwindling supply as driving factors that could send silver prices significantly higher in the not-too-distant future. Industrial
Forget Bitcoin And Gold—Kiyosaki Says This Asset Dominates Them All Read More »
Deutsche Bank has issued a warning regarding the potential risks to the U.S. dollar’s status as a global reserve currency, citing concerns over the reliability of the Federal Reserve’s liquidity backstop, particularly its dollar swap lines. In light of informal discussions among European central banking officials about the Fed’s commitment to providing support during market
Deutsche Bank Warns of Significant De-Dollarization Risks Among US Allies Read More »
The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan crude is starving the country of foreign currency to inject into the national market, driving these imbalances. Secondary Tariff Announcement Prompts Steep Venezuelan Bolivar Drop
Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin proponent Michael Saylor has publicly stated that the European Union should consider buying Bitcoin, especially after the Euro experienced a recent drop in value. According to reports, the Euro (EUR) has weakened against the United States dollar (USD) since yesterday. The
Bitcoin To The Rescue? Saylor Says EU Will Need BTC Amid Euro Woes Read More »
