That position, which has become a chief talking point for Fed officials, had also been echoed the day before by Michael Barr, the board’s new vice chairman for supervision. Barr also said he didn’t fe...
Tag: Dollar
Russell 2000 forecast as the US dollar index surged to a 2-decade high
The Russell 2000 index spectacular sell-off took a breather on Thursday as the US dollar index pulled back. It rose to $1,832 in the futures market, which was slightly above this week’s low of $1,782....
Why the Fed wants to see a strong dollar and falling stock prices
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, September 8, 2022 Today’s newslett...
Billion Dollar Deals Break Out Across The Shale Patch
construction and work trucks driving on road into Midland Texas getty Just when it appeared the news in the energy world could not become any more hectic, two multi-billion dollar merger deals among b...
Here’s a European stock that stands to benefit from strong U.S. dollar
Strength of the U.S. dollar has been the front and centre of all financial debates in recent months. And there are stocks that stand to benefit from it, says Boris Schlossberg. He’s a Managing Directo...
Circle co-founder says converged dollar books on Binance would be good for USDC
According to a new Twitter post, Jeremy Allaire, co-founder and CEO of USD Coin (USDC) stablecoin issuer Circle, said that the recent decision by Binance to merge stablecoin dollar books is “a g...
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is quickly boosting its reserve status
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is quickly boosting its reserve status China’s economy has been immense...
Yen Drops to 24-Year Low While Dollar Holds Steady Position
The week started positively for the safe-haven dollar as it hit a 24-year high against the Japanese yen. The development emerged after the tightening of the US monetary policy. On the other hand, Japa...
Crypto Strategist Issues Bitcoin (BTC) Alert as US Dollar Skyrockets to Highest Level in 20 Years
A crypto analyst who continues to build a following with his timely Bitcoin calls is issuing an alert for BTC holders as the US dollar erupts to a level not seen in two decades. Crypto strategist Kevi...
Why an epic U.S. dollar rally could be a ‘wrecking ball’ for financial markets
The U.S. dollar is on a tear, hitting historic highs versus major rivals and sending ripples through global financial markets as investors see the Federal Reserve pressing interest rates higher in its...
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
Raoul Pal Hinted That the Dollar Index Would Reach Levels of 120.
Raoul Pal’s Statement Macroeconomic analyst Raoul Pal, a former executive at Goldman Sachs, says that if the dollar continues to rise, it might damage the outlook for many assets, including oil and st...
Digital Dollar Project launches a project with Ripple
The Digital Dollar Project has announced the launch of a sandbox program to kick off the probe of technical implementations of the planned digital currency. Digital Dollar Project for the new U.S. CBD...
Ripple to Participate in the Digital Dollar Project’s CBDC Sandbox Program – Featured Bitcoin News
The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementati...
Digital Dollar Project Floats Sandbox for Harness Potential CBDC Solutions
The Digital Dollar Project (DDP) has announced the launch of its Technical Sandbox Program launch, which will further explore the potential of the technical exploration of a U.S. Central Bank Digital ...
Ripple Partook In New Digital Dollar Initiative To Help Explore Resolutions For U.S CBDC Program
Ripple, and several other companies, including Knox Network, EMTECH, and Digital Asset, will collaborate on the initiative. Ripple will participate in a newly launched initiative by The Digital Dolla...
Does The Dollar Rally Poses a Danger For Bitcoin? BTC Loses $20,000
Bitcoin continues to trade in a tight range with low volatility between the high area north of $19,000 and $20,000. The cryptocurrency is moving about critical support, but macroeconomic factors threa...
Digital Dollar Project Plans to Explore CBDC
Ripple to help explore solutions for U.S. CBDC The non-profit organization plans to work with crypto platforms like Digital Asset and Ripple They’ll explore technical and policy aspects of a digital ...
Digital Dollar Project Launches Technical Sandbox Program to Explore CBDC Infrastructure Solutions
Digital Asset, EMTECH, Knox Networks, and Ripple are named among the participants of the new program. Authorities have announced a huge step towards the implementation of the US Central Bank Digital C...
US Dollar Strength Weighs On Asia
China Last Night KraneShares Key News Asian equity markets had a poor start to September following MSCI’s rebalance at yesterday’s close. The US $ gained again versus Asian currencies as the Bloomberg...
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Ethereum to $2K? ETH price ‘bull flag’ hints at September gains versus Bitcoin, dollar
Ethereum’s native token, Ether (ETH), looks ready to grow stronger compared to the U.S. dollar and Bitcoin (BTC) in the days leading up to its proof-of-stake transition in September. ETH price c...
Ripple Joins New Digital Dollar Initiative to Help Explore Solutions for U.S. CBDC Program
Gamza Khanzadaev Ripple to help explore solutions for U.S. CBDC amid ongoing litigation against SEC Ripple will participate in a new initiative from The Digital Dollar Project, a nonprofit organizatio...
Is it safe to buy the US dollar after today’s consumer confidence data?
Last week financial markets focused on Chairman Powell’s Jackson Hole speech released on Friday. Similarly, this week’s most important event is scheduled on Friday, too – the Non-Farm Payrolls report....
Rate Hike Expectations Boost the Euro and the Dollar
On 31st August, the greenback was bigger and more powerful than expected U.S. economic reports and aggressive Federal Reserve remarks indicated increased interest rates, but rate-hike expectations in ...
The Dollar Will Get Even Stronger. Why That Could Slam the Global Economy.
Even for mighty Microsoft , $595 million is a lot of money. That’s how much the software giant’s sales were reduced in the most recent quarter by the ever-stronger U.S. dollar. Indeed, a broad range o...
Bitcoin erases latest gains with BTC price back below $20K as dollar spikes
Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView June lows look increasing...
Baidu Beats, Hong Kong Short Volume Reaches All Time High, And US Dollar Takes A Breather
China Last Night KraneShares Key News Asian equities had a strong day, less so China and Hong Kong while India outperformed as the US dollar took a breather from its recent strong run. One has to wond...
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is rapidly boosting its reserve status
Could China’s Yuan replace the U.S. dollar as the world’s dominant currency? Here’s how the Asian nation’s trade supremacy is rapidly boosting its reserve status China’s economy has been immense...
Dollar Soars as Fed Announces High-Interest Rates
The week started with the US dollar soaring through the roof. The safe haven briefly crossed its 20-year highs against multiple currencies as the Fed indicated high-interest rates for some more time. ...