Dollar

93 Articles 5 Followers


Gold Glitter, Bitcoin Beams, Dollar Dwindles

5 Apr 2025 1 minute read 10 comments Myxoplixx

With gold hitting an all-time high of $3,167 and concerns mounting over the US dollar's waning dominance, the financial world is abuzz with speculation about alternative safe-haven assets. While central banks increasingly turn to gold, another conten...

Morning JAVA: Central Bank Activity / Tariffs Send Gold To New Highs

1 Feb 2025 3 minute read 0 comments SweptOverNiagara

First, it was Canada's central bank that lowered its key lending rate on Tuesday by 25 basis points or one quarter of one percent to 3%. Not only that, the Bank of Canada also announced the end of quantitative tightening and the restart asset purchas...

BRICS Currency: A New Financial Landscape in the Making

26 Oct 2024 1 minute read 0 comments Zeeshan .

BRICS Currency: A New Financial Landscape in the Making The concept of a BRICS currency has gained traction as the economic alliance—originally Brazil, Russia, India, China, and South Africa—explores a way to counterbalance the influence of the U.S....

My Thoughts on Current Markets-197

27 Sep 2024 3 minute read 0 comments Perfectionist25

The Federal Reserve’s 50 basis point rate cut last week has created expectations for a rally in stock markets. However, this should be evaluated carefully depending on the results of the upcoming earnings season. Historically, such large rate cuts by...

The Crypto TradFi Convergence Is Narrowing

21 Sep 2024 1 minute read 0 comments Myxoplixx

Words can't convey the excitement I have for the current crypto ecosystem. It is undergoing a seismic transformation, as traditional finance institutions dive into the crypto ocean. This shift mirrors the early days of U.S. equity markets, where ske...

Will The Dollar Be Replaced?

10 Sep 2024 1 minute read 0 comments StarkMatan

In one of the events where our great yellow leader spoke, Mr. Trump said that he will lift sancions off of Russia and Iran, because this two markets are very important, and he doesn´t want to lose them to China. Loosing them, per his words, would put...

The Dollar's Downfall, Be Careful What You Wish For

31 Aug 2024 1 minute read 2 comments Myxoplixx

The U.S. dollar's reign as the world's reserve currency, solidified by the 1944 Bretton Woods Agreement, has ushered in an era of relative global stability. However, as discussions about its devalution and stability intensify, we must examine the hi...

Morning JAVA: FED Holds Rates, Eases Quantitative Tightening

2 May 2024 3 minute read 3 comments SweptOverNiagara

After being away for a couple of weeks travelling to the east coast, I finally have a bit of time for another Morning JAVA post. Yesterday, the Federal Reserve concluded yet another FOMC meeting and to no one's surprise, the FED held bench mark rate...

BRICS choose blockchain to "circumvent" the dollar

6 Mar 2024 1 minute read 0 comments 1btc = 1btc

  The BRICS nations plan to launch a new blockchain system for making payments outside the dollar system       BRICS is aiming for blockchain According to what was reported by TASS (Russian news agency), the BRICS nations (Brazil, Russia, India, Chi...

Gold Closed At Record High On March 1

3 Mar 2024 2 minute read 0 comments SweptOverNiagara

Although it was reported in the media, there was little fanfare to the fact that gold closed at a record weekly high on Friday, March 1, 2024 at spot $2,082 while April futures also closed at a record high of $2,095. On February 1, gold peaked at $2...