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US Dollar Appreciates Slightly As Naira Slumps: What’s Happening
The Nigerian naira has noted a slight downturn in value against the USD. The Naira is down (NAFEM)…
Why Central Banks Are Aggressively Acquiring Gold?
Gold prices have lately been skyrocketing to new highs, breaching past $2,300 in a new record milestone. The…
Venezuela To Use Cryptocurrency For Oil Sales
Venezuela is speeding up its implementation of cryptocurrency in crude and fuel exports, following the US reimposing oil…
Morgan Stanley Predicts the Future of the US Dollar
The future of the US dollar looks bright, as Morgan Stanley predicted an unscathed rise of the USD…
Multiple SEC Lawyers Resign Following Sanctions From DEBT Box Case
Multiple SEC lawyers are resigning after a federal judge sanctioned the agency for false statements & abuse of…
Elon Musk’s X Now Has a Money Transmitter License In 25 States
Coinciding with Elon Musk’s efforts to make the platform an ‘everything app’ X (formerly Twitter) has now received…
Currency: Bank of America Explains Why the US Dollar Is Rising
The DXY index, which measures the performance of the US dollar shows it hovering around the 106.28 mark.…
US Dollar Sell-off Incoming? Currency Holders Reduce Positions in USD
The US dollar rose to 106.80 in the DXY index this month delivering handsome profits to currency investors.…
What De-Dollarization? US Dollar Bulldozes BRICS Currencies
The BRICS alliance kick-started the de-dollarization agenda to pull the US dollar down from the global reserve status…
BRICS: India Accused of Dumping US Dollars To Keep Rupee From Falling
BRICS member India is accused for the third time in a year of dumping US dollars to keep…