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Why Are ASEAN and Asian Currencies Rising Against The US Dollar?
The US dollar is volatile, with market fluctuations putting pressure on its valuation and positioning. At the same…
Commerzbank’s Crypto Move: A Game-Changer for Bitcoin and Ethereum?
Commerzbank‘s Bitcoin Ethereum adoption is changing Germany’s banking scene. The major bank has $500 billion in assets and…
Confidence In Chinese Yuan Grows, US Dollar Declines
Global confidence in the Chinese yuan is growing, while assurance in the US dollar is declining. Developing countries…
De-Dollarization: Donald Trump Gives Strategies To Save the US Dollar
The United States is slowly losing its hold as several countries have united to bring down the dollar.…
S&P 500 Hits New High After Fed Rate Cut
The U.S. stock market surged on Thursday following the Fed’s 50bps interest rate cut, with the S&P 500…
JPMorgan CEO Warns of US Economic Crisis as BRICS Power Grows
In a recent interview, JPMorgan CEO Jamie Dimon has warned of a potential US economic crisis as the…
BRICS: 134 Countries Explore Digital Currencies, US Dollar in Jeopardy
The BRICS alliance is working towards the formation of a new payment system to end reliance on the…
Federal Reserve Cuts Interest Rates by 50bps
The day that the economy has long awaited has finally arrived as the US Federal Reserve has opted…
De-Dollarization: How Chinese Yuan Is Bringing the US Dollar Down
The United States dollar (USD) has been the world’s reserve currency for the longest time. Several governments have…
Can The Chinese Yuan Become an International Currency?
The usage of the Chinese yuan in cross-border transactions is increasing rapidly through the de-dollarization initiatives. Developing countries…