Browsing: currency
Dollar dominance is reinforced by the oil trade, but the Iran war could give rise to the ‘petroyuan’
Middle East oil has long been a linchpin of the U.S. dollar’s status as the dominant currency in global trade…
Iran, the $39 trillion national debt and dedollarization: How Trump exposed America’s Achilles Heel
The year was 1974 and President Richard Nixon had dispatched his Secretary of State Henry Kissinger to Saudi Arabia to…
The U.S. Mint just dropped the olive branch from the dime. What does that mean for the country?
The U.S. Mint unveiled new designs for the country’s 250th anniversary and it left out one key detail: the olive…
Trump’s plan B on tariffs is also illegal as balance-of-payments deficit doesn’t exist, experts say
Just hours after the Supreme Court struck down President Donald Trump’s global tariffs on Friday, he signed an order to…
The U.S. economy was growing at an annualized rate of 4.4% last year (the most recent period for which we…
One of Wall Street’s most feared hedge fund managers on the decline of the dollar: gold is ‘becoming the reserve asset’
Gold blasted past $5,300 per ounce last month as President Donald Trump’s hawkish foreign policy and tariff threats sent investors…
Trump thinks a weaker dollar is great, but the U.S. needs a stable currency as national debt heads toward $40 trillion, former Fed president says
President Donald Trump welcomed the dollar’s recent decline, but a former Federal Reserve president said the astronomical size of U.S.…
The U.S. dollar has been in relative free fall since late Friday after it emerged that the New York Federal…
U.S. stock indexes ticked higher Monday, while other markets made louder moves, including another record-breaking rush for the price of…
Dollar sinks as Trump’s new tariffs raise fears about U.S. debt and reserve currency status
The greenback dropped while precious metals rallied Sunday as financial markets started reacting to President Donald Trump’s new tariff threats.…












