The Chinese government has always made its intent known to the world when it comes to the US dollar. China wants to lead the world, and to do so, it…
The petrodollar was established in the 1970s after the US struck deals with Saudi Arabia and other OPEC countries. The deal was to price and settle oil trades in US…
Oil refiners around the world are now demanding the US dollar for payment settlements and not local currencies. The development helped push the DXY index to the 100.20 level in…
BRICS digital currency developments are actually accelerating right now as member nations advance payment systems to reduce dollar dependency. The BRICS de-dollarization efforts are being targeted for a BRICS currency…
Major cryptocurrencies experienced two-way price action early Friday, as the dollar remained bid against major fiat currencies following President Donald Trump's announcement of new tariffs.Bitcoin fell to $114,290, nearly…
BNB fell more than 4.5% in the last 24 hours, dropping from around $805.7 to $766 at the time of writing as investors move away from risk assets as U.S.…
The US dollar has been in heavy jeopardy, battling a rate crisis for a long time. The asset has plunged 10% in the first half of 2025, crippled heavily by…
The US dollar future faces unprecedented challenges right now, and many investors are actually wondering why is the dollar falling today. The greenback has dropped about 15% since September 2022,…
The BRICS alliance has been strongly talking about dumping the US dollar for cross-border transactions and using local currencies. Members like China, India, Brazil, South Africa, and Iran released several…
India is accused of currency intervention by selling the US dollar in the forex markets to safeguard the falling rupee. The Reserve Bank of India (RBI) directed State-run banks to…