Browsing Tag
USD
92 posts
Local Currencies Bow to the Mighty US Dollar in 2024
The dreams of a de-dollarization world kick-started by developing countries in 2024 remain just that, a dream. The US dollar outperformed…
Kenyan Shilling, Naira Loses Against Seemingly Strong US Dollar
The winds of change are now supporting the US dollar, as the American greenback has emerged victorious amid…
US Dollar Will Remain ‘Stronger for Longer’, Says Goldman Sachs
The US dollar is outperforming all local currencies this month and is now among the top-performing assets of…
US Dollar: Other Countries Have No Option But To Use the USD
The US dollar Bloomberg index gained more than 4% this year and is among the top-performing assets of…
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.…
US Dollar, Swiss Franc & Japanese Yen Rise After Israel’s Attack on Iran
The US dollar bulldozed all local currencies this month after reaching a new high of 106.27 in the…
Where’s De-Dollarization? US Dollar Hammers Other Currencies in 2024
A handful of developing countries in Asia, Africa, and Latin America launched de-dollarization initiatives hoping to pull the…
US Dollar Hammers Chinese Yuan, Indian Rupee & Japanese Yen
In a recent development, the US dollar has emerged as the ultimate winner in a clash against notable…
US Dollar Outshines the Chinese Yuan, Japanese Yen & Indian Rupee
Leading Asian currencies that threatened to uproot the US dollar as the world’s reserve currency are bleeding in…