Stories Tagged: US dollar

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Ripple's Potential Role as the New Federal Reserve in the Emerging Financial System

The BRICS economic alliance, consisting of Brazil, Russia, India, China, and South Africa, is... (30 revisions)

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Ringgit Strengthens Against Greenback Amid Weak U.S. Economic Data

The ringgit opened higher against the US dollar, trading at 4.7130/7170 compared to Tuesday's... (61 revisions)

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Argentina Implements Drastic Economic Measures to Combat Crisis as US Treasury Secretary Janet Yellen Supports Reforms

Argentina's newly inaugurated President Javier Milei has implemented drastic measures to address... (23 revisions)

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Central Banks Remain Concerned About Inflation Amidst Rate Cut Speculation

Central banks in advanced economies are showing hesitancy in joining the global interest-rate... (53 revisions)

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USD/CAD Forecast: Limited Upside as US Dollar Remains Slightly More Favored

The USD/CAD pair continues to bounce around due to the lack of momentum. The US dollar remains... (47 revisions)

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CBN Directs Banks and Forex Dealers to Accept Lower US Dollar Denominations

The Central Bank of Nigeria (CBN) has issued a directive to Deposit Money Banks (DMBs) and... (202 revisions)

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Implications of Currency Fluctuations and Opposition Predictions for Sri Lanka's Economy

The Sri Lankan rupee has been experiencing fluctuations against the US dollar, with instances of... (1 revisions)

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Renowned Author Nassim Nicholas Taleb Criticizes SBF's Logic and Disagrees with Kiyosaki's Views on USD and Gold

Renowned author Nassim Nicholas Taleb has entered the fray, criticizing former FTX CEO Sam... (2 revisions)

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Credit Agricole Examines Historical Trends to Forecast USD Impact of Fed Easing and US Recession

The US dollar has been drifting lower as the market receives additional insights from more Fed... (2 revisions)

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Oil Prices Continue to Decline on Weak Fuel Demand and Strong Dollar

Oil prices have extended their decline due to indications of weak fuel demand and a strong... (2 revisions)

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The Resilience of Indonesian Banks Amid Weakening Rupiah

The Financial Services Authority (OJK) in Indonesia has stated that the country's national banks... (4 revisions)

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Sri Lanka Rupee Opens at 328.30/60 to the US Dollar Amid Talks on Investment and Trade Agreements

The Sri Lankan rupee opened at 328.30/60 to the US dollar on Thursday, slightly stronger than... (5 revisions)

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Australian Wool Prices Affected by US Dollar Appreciation

Greasy wool prices continue to drift along, with the very fine merino categories being an... (5 revisions)

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Bitcoin's Buying Power Compared to the US Dollar: A Fed Analysis

Bitcoin hodlers have better use cases for their BTC holdings than buying eggs, according to a... (6 revisions)

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Investment Performance and Market Analysis: T. Rowe Price and Ruffer Investment Company Limited Reports

T. Rowe Price Group, a Baltimore-based investment shop with $1.3 trillion in assets under... (7 revisions)

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Silver Prices Decline as US Dollar Strengthens, Putting Pressure on the Market

Silver prices have declined by -0.9% influenced by a stronger US dollar. The rally in the US... (8 revisions)

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Kuwaiti Dinar Tops List of Highest-Valued Currencies in 2024, Iranian Rial Ranks as World's Least Valuable Currency

Kuwait's currency, the Kuwait Dinar (KWD), has been recognized as the world's strongest... (8 revisions)

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US Retail Sales Surge Raises Doubts About Consumer Sentiment Surveys

US retail sales data released by the U.S. Census Bureau has had a significant impact on bond and... (10 revisions)

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The Impact of a Strong Dollar on the Israeli Economy and High-Tech Industry

The strengthening U.S. dollar has implications for the Israeli economy, particularly its... (11 revisions)

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Hungary's Forint Hits Record Low Against Polish ZÅ‚oty Amid Concerns Over Central Bank Independence and EU Relations

FX markets continue to trade in a mixed fashion as traders grapple with uncertainty over... (11 revisions)

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Pakistan Stock Exchange's KSE-100 Index Continues Upward Trend Amid Rising Oil Prices in Gulf Bourses

The Pakistan Stock Exchange's benchmark KSE-100 Index continued its upward trend, surging over... (12 revisions)

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Investors in the Asia-Pacific Region Turn to Gold Amid Economic Uncertainty and Geopolitical Risks

Gold has become increasingly significant in investment portfolios due to its unique risk-return... (14 revisions)

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Strategies to 'Dollar-Proof' Portfolios Amidst Projected US Dollar Strength in 2024

In a recent article by The Armchair Trader, it is projected that the US dollar will maintain its... (14 revisions)

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EUR/USD Rises Ahead of ECB Rate Decision and DAX Hits Weekly High

The EUR/USD is rising ahead of the European Central Bank (ECB) rate decision, which is expected... (16 revisions)

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The Impact of the Unusual Positive Correlation Between Oil Prices and the US Dollar on the Global Economy

Oil prices and the US dollar have been moving in the same direction recently, deviating from... (17 revisions)

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Stability of Azerbaijani Manat Against Major Currencies, Weekly Review of Azerbaijan's Currency Market

Imports in Azerbaijan have increased, leading to a higher demand for dollars and the need to... (17 revisions)

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China's People's Bank of China (PBOC) Expected to Set Yuan Mid-Point at 7.2653 Per Dollar

J.P. Morgan analysts are maintaining a long position on the U.S. dollar/Chinese Yuan (USD:CNY)... (20 revisions)

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GCC Plans to Launch Common Currency and Reduce Reliance on US Dollar

The Gulf Cooperation Council (GCC) is planning to launch its own common currency and reduce the... (21 revisions)

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US Dollar Strength May Not Be Sustained, Predicts UBS

The US dollar, which has recently climbed close to its highest level of the year, is predicted... (21 revisions)

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EUR/USD Rebounds Amid Geopolitical Conflict and Divergent Interest Rate Outlook

The EUR/USD pair is experiencing an upward rebound, although it remains cautious in the face of... (22 revisions)

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The Threat to U.S. Dollar Supremacy: Concerns Mount Over Rising US Debt and Global Economic Impact

Elon Musk, the world's richest person, has joined the International Monetary Fund (IMF) in... (24 revisions)

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Ongoing Decline of the US Dollar's Share in Global Reserves

Recent data from the IMF's Currency Composition of Official Foreign Exchange Reserves (COFER)... (33 revisions)

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China's De-Dollarization Agenda Intensifies Amid Rising Geopolitical Tensions

China has intensified its de-dollarization agenda by selling $101.9 billion in US Treasury... (34 revisions)

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China Supports ASEAN in Transitioning Away from the US Dollar

The ASEAN nations' consideration of using local currencies for trade to reduce reliance on the... (35 revisions)

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Canadian Dollar's win streak ends despite firm Retail Sales beat

The Canadian dollar's five-day win streak against the US dollar came to an end despite... (42 revisions)

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US Dollar Rate in Pakistan Marginally Weakens by Re0.06 to Rs278.30

The Pakistani rupee has appreciated by 0.06% against the US dollar in the interbank market. At... (42 revisions)

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The Future of the Petrodollar and the US Dollar's Reserve Currency Status

The U.S. dollar (USD) remains the world's primary reserve currency, according to a study... (47 revisions)

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Central Banks Increasing Gold Purchases to Hedge Against Dollar Risks

Gold prices have continued their record rally, reaching a new high, as Federal Reserve officials... (52 revisions)

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Impact of the REPO Act on Bitcoin ETFs and Potential Consequences for the US Dollar

The recently passed REPO Act in the United States has the potential to impact various ETFs,... (56 revisions)

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APAC Asset Owners Increase Gold Exposure, Outpacing North American Counterparts

Gold prices have reached a 2-week high, driven by positive charts and expectations of rate cuts... (65 revisions)

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Rupiah Expected to Weaken Further Amid Fiscal Policy Uncertainty

The Indonesian rupiah is expected to continue its depreciation against the US dollar, with the... (114 revisions)