‘Trump Trades’ Start To Misfire As Dollar Weakens
“Trump trade” bets on a stronger dollar and higher bond yields have backfired this year as investors take a more ...
Tag: Dollar
The Dollar Is Everyone’s Problem
By Hippolyte Fofack In 1971, US Treasury Secretary John Connally famously told his counterparts in the G10 that “the dollar ...
Dollar Unlikely to Lose Global Dominance Soon Even as BRICS Expand
The dollar is unlikely to lose its status as the global reserve currency anytime soon, even as the expansion of ...
In its efforts to weaken the US dollar, Russia grows use of China’s yuan
Russia's growing use of China's yuan could end up hurting Moscow, which won't get help from Beijing in its efforts ...
Brazil, Argentina laying groundwork for Latin American single currency to rival US dollar
Brazil and Argentina are considering creating a common Latin American currency to rival the US dollar’s dominance in the region.
IMF warns Nigeria of dollarisation risks amid naira crash, rising inflation
Abuja, Nigeria - As Nigeria battles with a crashing local currency and rising inflation, the International Monetary Fund (IMF) has ...
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