The world is now eagerly looking forward to new asset classes, with the investor sentiment divided between Bitcoin, gold, and the US dollar. While the dollar seems to have taken…
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De-dollarization trade has catalyzed dramatic shifts as more than 40 countries are actively pioneering alternative approaches to US dollar dependency in their international transactions, and this global currency reset spearheaded…
The DXY index, which tracks the performance of the US dollar has been failing to climb above the 100 range for two months. The greenback is failing to hold on…
Key Points:Morgan Stanley strategists predict a 9% drop in the USD in 12 months.
Safe-haven currencies like Yen, Euro to benefit.
Continued confidence in US fixed-income despite dollar weakness.…
The ASEAN alliance has officially released a roadmap to reduce reliance on the US dollar and use local currencies for cross-border transactions between 2026 to 2030. During the recently held…
Key Points:The US Dollar Index falls below 99, impacting the crypto market.Historical DXY dips correlate with Bitcoin rallies.Analysts expect continued capital flow into cryptocurrencies.
On June 2, the US Dollar Index…
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The chief executive of financial services titan JPMorgan Chase is issuing a warning about the US dollar, saying that it may fail as a reserve currency under certain conditions.
In a…
It has been a rather convoluted year for the United States so far, with macroeconomic pressures and geopolitical tensions abounding. That may take another step forward as its global reserve…