10 ASEAN Countries To Ditch the U.S. Dollar
The Association of Southeast Asian Nations (ASEAN) countries are looking to promote local currencies for trade and ditch…
BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar
Russia purchased arms manufactured by its BRICS counterpart India by paying $4 billion in local currencies and not…
BRICS: China Dumps The Largest US Treasuries in History
BRICS member China dumped a record number of US treasuries and agency debt bonds worth a staggering $53.3…
Asian Hedge Funds Are Massively Accumulating the U.S. Dollar
A handful of hedge funds in Asia are among the ones that are massively accumulating the U.S. dollar’s…
BRICS: IMF Confirms US Dollar Is in Jeopardy
The International Monetary Fund (IMF) commonly called the World Bank, confirmed that the US dollar is in jeopardy…
Chinese Yuan Climbs 14.70% Against the US Dollar Since 2005
The Chinese yuan is down nearly 1.9% year-to-date against the US dollar in May 2024. However, the yuan…
US Dollar Crashes To 104 But Currency Traders Are Buying the Dip
The US dollar crashed during the trading hours on Wednesday falling to a low of 104.22 in the…
BRICS: Rift Between Old & New Members Grow
The BRICS alliance was a five-nation bloc since it formed in 2009 and remained the same for 15…
Shiba Inu: When Will SHIB Reach $1?
Shiba Inu deleted its fifth zero again in March this year where it spiked nearly 280 the same…
BRICS: Russia & China Presidents’ Meet to End US Dollar
Russian President Vladimir Putin met with China’s leader Xi Jinping on Thursday with state recognition. Both the BRICS…