Let's understand! De-dollarization is the process by which countries seek to reduce their reliance on the US dollar as a medium of exchange, reserve currency, or standard for international trade.
The U.S. Dollar Index (DXY) measures the value of USD against a basket of foreign currencies. DXY is used by traders to gauge the strength of USD in global markets. Observing DXY helps investors ...
"Until now it has seemed that billion-dollar investments and access to the latest generation of specialized Nvidia processors were prerequisites for developing state-of-the-art systems. This ...
The U.S. dollar weakened on President Donald Trump’s Inauguration Day, and remained under pressure Tuesday after it became clear immediate tariffs weren’t in the cards, according to BofA ...
The U.S. dollar slid on Friday and was set for its biggest weekly loss in over a year after President Donald Trump suggested a softer stance on tariffs against China, adding to uncertainty ...
(Bloomberg) -- President Donald Trump brought crypto stablecoins to the forefront of efforts to preserve the dollar’s global supremacy, firmly aligning the US government’s interests with those ...
The US Dollar fals back to session's low and is set for a more than 2% loss this week in Dollar Index. US President Trump delivered softer comments that tariffs on China might not finally be imposed.
NEW YORK, Jan 22 (Reuters) - The dollar was little changed on Wednesday after earlier dipping to a new two-week low, as investors continued to await concrete announcements about U.S. President ...
The BRICS group, which includes Brazil, Russia, India, China, South Africa, and newer members like Iran, Egypt, Ethiopia, and the UAE, has been exploring alternatives to the dollar. Russian President ...
"Dollar-for-dollar retaliatory tariffs by Canada should be a given and they should be aimed where their impacts in the United States will be felt the hardest," said the former Bank of Canada ...
NEW YORK, Jan 21 (Reuters) - The U.S. dollar alternated between gains and losses on Tuesday in a choppy session, as markets grappled with uncertainty surrounding any tariffs President Donald Trump ...