Tag: Dollar

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The Dollar Can Be a Protocol for the Future of Money

The Dollar Can Be a Protocol for the Future of Money

USDC's stablecoin-fueled model of money, in which the dollar functions as an open “protocol,” could allow innovation to flourish. But healthy competit [...]
Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance

Fed’s Favorite Inflation Gauge Rises to 4.9%, Reinforcing the US Dollar Advance

US PCE KEY POINTS:August U.S. consumer spending rises 0.4% on a monthly basis versus 0.2% expectedCore PCE, the Fed’s favorite inflation gauge, incre [...]
First Mover Asia: Bitcoin Holds Strong Over $19K; Why Is the Dollar Dominating?

First Mover Asia: Bitcoin Holds Strong Over $19K; Why Is the Dollar Dominating?

The largest cryptocurrency by market capitalization has weathered severe macroeconomic uncertainty in recent weeks to maintain its current threshold, [...]
Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global

Jack Dorsey’s TBD Teams Up With Circle to Take US Dollar Stablecoin Savings and Remittances Global

The partnership aims to improve people’s access to dollar-linked stablecoins in countries with rapidly devaluing currencies. www.coindesk.com [...]
US Dollar Pullback Green Lights APAC Currency Rally Ahead of NZD Economic Data

US Dollar Pullback Green Lights APAC Currency Rally Ahead of NZD Economic Data

US Dollar, DXY, New Zealand Dollar, NZD, Market Sentiment, Technical Outlook – Talking PointsRisk rally on Wall Street points APAC markets higher aft [...]
Rupee breaches 82 mark against dollar on forex outflows, surging US yields

Rupee breaches 82 mark against dollar on forex outflows, surging US yields

The rupee plunged below the 82 mark for the first time in day trade before settling down by 40 paise at 81.93 against the US dollar on Wednesday [...]
Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?

Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?

Meanwhile, what’s directly hammering dollar exchange rates is a more technical second-order impact of rising prices in the U.S. As Jerome Powell and t [...]
US Dollar (DXY) Soars on Hawkish Fed Commentary and Rising US Treasury Yields

US Dollar (DXY) Soars on Hawkish Fed Commentary and Rising US Treasury Yields

US Dollar Price and Chart AnalysisUS Treasury yields continue to rally.EUR/USD is at a fresh 20-year low.USD/CNH eyes a multi-year high of 7.25. [...]
Dollar Soars to New 20-Year High; Risk Sentiment Retreats By Investing.com

Dollar Soars to New 20-Year High; Risk Sentiment Retreats By Investing.com

© Reuters. By Peter Nurse Investing.com - The safe-haven U.S. dollar soared to a new 20-year high in early European trading Wednesday, as more [...]
Euro Punches Lower as US Dollar Drives Markets on No Intervention and Fed Hawks

Euro Punches Lower as US Dollar Drives Markets on No Intervention and Fed Hawks

Euro, EUR/USD, US Dollar, GBP/USD, FED, White House, AUD, CNY - Talking PointsUS Dollar gains as Treasury yields soar on an inflation fighting FedAPAC [...]
Australian Dollar Scuppered as US Dollar Takes the Throne as King of Currency

Australian Dollar Scuppered as US Dollar Takes the Throne as King of Currency

AUSTRALIAN DOLLAR, AUD/USD, US DOLLAR, GBP/USD, RBA, BOE, FED -Talking PointsThe Australian Dollar is battling against a tide of higher rates elsewher [...]
‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says

‘There Are No Safe Havens' When the Dollar Is Strong, Veteran Trader Says

The U.S. dollar is soaking up global liquidity, so “everything else is starved,” Glen Goodman, a longtime trader and author, said on CoinDesk TV’s “Fi [...]
Bitcoin price loses $20K as trader warns US dollar ‘not quite topped out’

Bitcoin price loses $20K as trader warns US dollar ‘not quite topped out’

Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United States equities inched higher.BTC/USD 1-hour candle chart (Bitstamp) [...]
Bitcoin, British Pound trading volume soars 1150% as UK’s currency risks dollar parity

Bitcoin, British Pound trading volume soars 1150% as UK’s currency risks dollar parity

Bitcoin (BTC) will see increased interest from the United Kingdom “very quickly” as fiat currency volatility makes BTC look like a stablecoin.That was [...]
US Dollar Trims Losses Following Better-than-Expected US Consumer Confidence Data

US Dollar Trims Losses Following Better-than-Expected US Consumer Confidence Data

CONSUMER CONFIDENCE KEY POINTS:U.S. consumer confidence rises to 108.00 in September from 103.6 in August, topping consensus expectations calling for [...]
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