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The EUR/USD pair extends the decline to near 1.1465 during the Asian session on Thursday. The Euro (EUR) weakens against the ...
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
Recently, the Fed kept rates at the 4.25%–4.50% range, reaffirming that the economy is expanding solidly, with strong labor ...
The US dollar is a bit softer in the early part of the session on Wednesday, as the world awaits the FOMC decision, statement ...
An important point to be noted here is that China’s currency, the renminbi, remains tightly pegged to the dollar, causing it ...
US dollar weakens as May retail sales fall 0.9% and industrial output contracts, pressuring DXY while GBP/USD and EUR/USD test key resistance levels.
The Rupees overvaluation, as indicated by a record-high REER in November 2024, has been largely corrected, with the current ...
China’s central bank governor has said he expects a new global currency order to emerge after decades of dominance by the US ...
The dollar firmed on Thursday, buoyed by safe-haven demand due to the looming threat of a broader conflict in the Middle East ...
The dollar has lost over 10% of its value against the euro, pound, and Swiss franc since President Donald Trump took office, ...
It’s a good time to pitch alternatives to the U.S. dollar , but it pays to be specific. On Wednesday, People’s Bank of China Governor Pan Gongsheng told attendees of a financial forum in Shanghai that ...
The United States dollar has ruled global trade and finance for decades. From oil payments to international loans, the dollar ...