Russia’s strategy to rely more China’s yuan is backfiringBy Press Room7 September 2024 After the U.S. and its allies sanctioned Russia in 2022 for its invasion of Ukraine, Moscow turned away from the…
After the yen carry trade collapsed, get ready for the yuan carry tradeBy Press Room25 August 2024 The hugely popular yen carry trade crashed and burned this month as Japan’s currency surged. A less well-known version of the strategy…
Fed governor highlights de-dollarization debate as concerns grow over the greenback’s global dominance: ‘The role of the U.S. economy in world finance is changing’By Press Room20 May 2024 That has the Fed keeping a close eye on the risks of de-dollarization and how it could impact American consumers…