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Chinese state-backed think tank highlights Bitcoin as a reserve asset against USD, Sony’s online bank launches new crypto ...
The Shanghai Futures Exchange (ShFE) released draft proposals on Tuesday to further open up domestic futures to overseas ...
Maybe the Bank of Canada should keep letting the dollar float in currency markets. It’s better than the alternatives ...
Wall Street pundits and investors are schizophrenic about the dollar. The dollar weakened after Moody’s cut the US credit ...
As of the end of 2024, USD has remained as the number one reserve currency in central banks around the world at 45.55%, with gold firmly in second place at 21.20%, the euro in third place at 15.63%, ...
I asked if gold would make a new high in an April 1 Barchart article. Nearby COMEX gold futures were at the $3,156 per ounce ...
Of the top 20 industrial plants by employment in the US today, 11 are in defence and aerospace, four in autos, four in tech and one in pharma. This is hardly a world-class, globally competitive, broad ...
While the world’s dependence on the dollar and on US growth remains, pockets of independence are emerging following the sharp ...
Alternatives to the dollar — the euro, the Chinese renminbi — have to this point not been true ... Several officials in Trump's orbit argue that the U.S.'s reserve currency status — the "exorbitant ...
The hugely unpredictable policy announcements from those in charge of the world's largest developed economy are market events ...
those transactions are almost always invoiced and paid for in dollars rather than in Brazilian reais or Chinese renminbi. The dollar is also the principal global reserve currency; 59 percent of ...
In other words, non-reporters are only a very small share of global reserves. One nontraditional reserve currency gaining market share is the Chinese renminbi, whose gains match a quarter of the ...