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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…
De-Dollarization: JP Morgan Explains The Major Threat To the US Dollar
Leading investment bank JP Morgan has shared insights on de-dollarization and the major threat plaguing the US dollar.…
US Dollar Weakening May Actually Be Good For US Stocks: Here’s How
The US dollar is currently standing at a precarious threshold. The currency is constantly being dubbed volatile, with…
Currency: What’s Happening To the US Dollar & Local Currencies?
The US Dollar seems to be struggling with other currencies as market participants focus on the Federal Reserve’s…
Goldman Sachs Says Fed Interest Rate Cuts Will Boost Gold Prices
Gold prices are hitting new highs in 2024 and are among the most sought-after investments in the commodity…
Business Booms As ASEAN Conducts $759B Worth Of Trade, Data Shows
The ASEAN bloc is currently one of the most prosperous networks of nations, noting a rapid surge in…
Singapore’s DBS Bank To Roll Out Bitcoin, Ethereum Options Trading
Several traditional banks have been embracing the digital wave by testing cryptocurrency water. Singapore’s largest bank, DBS, has…
Barclays Predict What’ll Happen to the US Dollar After the Fed Meeting
Leading investment and consumer bank Barclays has predicted what will happen to the US dollar ahead of the…
Odds of a 50 Basis Point Fed Rate Cut Next Week Jump to 45%
The odds are reportedly up 45% that the Fed will cut interest rates by 50 basis points next…
Trump’s US Dollar Revival Plan May Hurt The Currency In Long Term
Donald Trump fiercely advocates for the currency revival plan in the ongoing US elections, a carefully curated idea…