Tag: US dollar
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IMF’s US Economy Report: Key Takeaways and Implications for Global Investors
The International Monetary Fund (IMF) has recently released a comprehensive report on the US economy, providing critical insights into its current state and future outlook. As the largest economy in the world, the performance of the United States has significant implications for global markets and investors. Here, we break down the key findings of the…
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BRICS Nations to Challenge US Dollar Dominance with New Currency and Blockchain Payment System
The BRICS nations—Brazil, Russia, India, China, and South Africa—have announced ambitious plans to introduce a new currency aimed at reducing the dominance of the US dollar in global trade and finance. This move could have far-reaching implications for international markets and investors. Here, we delve into the key details of this groundbreaking development. BRICS Currency…
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Gold Wars: The US Versus Europe During The Demise Of Bretton Woods
By Jan Nieuwenhuijs of Gainvesville Coins The story on the emergence of the US dollar hegemony. After the collapse of Bretton Woods in 1971 several European central banks tried setting up a new gold pool to stabilize the price and move to a quasi gold standard. The US wanted to phase out gold from the system…
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Navigating the US Dollar to Gold Ratio Amidst Declining M2 Money Supply
In the ever-evolving landscape of global finance, the relationship between the US dollar, gold, and the M2 money supply offers insightful perspectives for investors. With the recent decline in the M2 Money Supply year on year, understanding and leveraging the US Dollar to Gold ratio becomes a strategic endeavor. This post will explore the dynamics…
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Iraq’s Economic Rebirth: Exploring the Possibilities of Dinar Investment
Iraqi Dinar speculation has been a topic of considerable interest for investors and currency traders over the past few years. This blog post delves into the reasons behind the predictions of a significant return on investment and the factors that fuel such speculation. Understanding the Iraqi Dinar The Iraqi Dinar (IQD) is the official currency…
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Navigating the Waters of De-Dollarization
China’s Digital Yuan and the Shifting BRICS Dynamics In a landmark move, China has successfully completed its first cross-border oil transaction using the digital yuan, marking a significant milestone in the ongoing global trend of de-dollarization. This development has been further accentuated by the recent inclusion of Saudi Arabia and the United Arab Emirates (UAE)…
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US Dollar Proves To Be The Best Choice In 2022, While Bitcoin Flounders In Last Place
£1,000 investments into 7 of the UK’s most popular investments from last year have been tracked throughout 2022 12, January, 2023, LONDON – The US Dollar has topped the Finder Investment Challenge in 2022, making it the first time in 3 years the Bitcoin hasn’t been the most successful choice. Every year, the personal finance comparison site follows the most popular…
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The US dollar is now overvalued against almost every currency in the world
In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”. It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world. In theory, the price of a Big Mac in Rio de Janeiro should be the…