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US Dollar Forecast: Index Rebounds 1% But Fed, Data Risks Loom
The US dollar forecast right now presents a mixed picture as traders watch the Dollar Index DXY climb…
BRICS Inspires 15 Countries To Use Homegrown Payment System
Africa is taking a bold economic U-turn by following the footsteps of BRICS and challenging the US dollar…
Currency News: Chinese Yuan Emerges as Top Threat to US Dollar Power
As the world rapidly embraces new financial orders and development packaged in the guise of a multipolar currency…
2 Countries Pay $50 Billion in Local Currency, Ditch US Dollar
Two countries in the Commonwealth of Independent States (CIS) have settled over $50 billion worth of trade in…
UBS Says Dollar Unattractive: 10% Drop Signals De-Dollarization
According to a UBS report, the US dollar index (DXY) fell to a three-year low in June. The…
Gold, Yuan, Euro Rise as De-Dollarization Redraws the Map
The de-dollarization wave is now gaining rapid momentum, with central banks exploring ways to diversify their holdings beyond…
Russia Signs $13.1 Billion Deals in Local Currencies
Russia has signed trade deals worth 1 trillion rubles (equivalent to $13.1 billion) in local currencies. This is…
Fed Chair Powell: Banks are Free to Engage in Crypto Activities
Fed Chair Jerome Powell says that US banks are free to engage in crypto activities, giving them the…
Mastercard partners with Chainlink to Enable Cardholders to Purchase Crypto Directly Onchain
Mastercard and Chainlink (LINK) are partnering to enable Mastercard cardholders to purchase cryptocurrency directly on-chain. The two companies…
India Reveals New Details About BRICS Currency
BRICS member India spoke about the BRICS currency formation that could make its way into the global markets.…