US Dollar

Venture capitalist Tim Draper is well known for his Bitcoin (CRYPTO: BTC) price predictions over the years. In a new interview, Draper is sticking with a price target of $250,000 for the leading cryptocurrency. What Happened: Draper is best known for his 2014 prediction that Bitcoin would reach a...

As the U.S. dollar witnessed its largest two-day decline in over two years, an economist argues the importance of devaluation for global growth while another expert explains the weakness to as a symptom and not a cause. What Happened: The macro strategist at Crescat Capital, Otavio Costa...

Author Robert Kiyosaki has raised an alarm about the potential collapse of the world’s financial system, advocating Bitcoin (CRYPTO: BTC) as a possible safeguard against the impending crisis. What Happened: Kiyosaki, best known for his finance book “Rich Dad Poor Dad,” has...

The U.S. dollar’s recent slide has less to do with trade and more with the Fed’s indifference to rising inflation expectations, according to JPMorgan analyst Meera Chandan. The sharp drop in U.S. real yields, fueled by the Fed's hands-off approach, has pushed the greenback lower....

The U.S. dollar’s trajectory is strong, although Invesco DB US Dollar Index Bullish Fund (NYSE:UUP) has dipped about 0.8% so far this year. Several indicators suggest that the greenback could remain resilient in the near term, and several ETFs may benefit from this trend: WisdomTree...

Just hours before Donald Trump takes the oath of office for his second term, markets are dialing back expectations for an immediate tariff announcement. Market odds on Trump enacting new tariffs before Thursday have plunged to just 16% by 9:20 a.m. ET, according to CFTC-regulated prediction...

Scott Bessent, Donald Trump's nominee for Treasury Secretary, faced sharp questioning in his Senate confirmation hearing Thursday, defending the administration's economic agenda on tariffs, tax policy, government spending, and U.S. global competitiveness. Markets took note as Bessent outlined a...

As geopolitical tensions escalate in the Middle East, Ukraine has launched U.K.-made Storm Shadow missiles into Russia and the Kremlin has loosened its policy for using nuclear weapons. However, Russian President Vladimir Putin said he is open to a peace deal brokered by President-elect Donald...

The U.S. dollar surged past 155.60 yen on Wednesday, hitting levels unseen in nearly four months. What Happened: Investors piled back into yen-dollar carry trades. The speculation is that the incoming Trump administration will aggressively hike tariffs on imports. Economists expect the planned...

Hello everyone and welcome to our new blog post! In this update, I will discuss the US dollar, US yields and will look at EURUSD levels. As you know, the US dollar is experiencing strong upward pressure, driven by speculations that Trump could win the upcoming US elections. However, we are still...

Tesla and SpaceX CEO Elon Musk has expressed growing concern about the future of the U.S. dollar, citing the escalating national debt as a potential catalyst for an impending economic crisis. What Happened: On Friday, Musk was replying to a user on X, formerly Twitter, when he voiced his...

The U.S. Dollar could rally 3% if former President Donald Trump wins re-election in November, Bloomberg reported, citing an analyst note from Barclays plc. What Happened: The GOP front-runner is currently proposing a baseline 10% tariff on all U.S. imports and a levy of 60% or higher on Chinese...

Bitcoin (CRYPTO: BTC) has broken past the $1 trillion market capitalization mark. The digital asset hit new all-time highs in several currencies, such as the New Zealand dollar, Russian ruble and Norwegian krone. After touching a peak in currencies like the Japanese Yen in...

Bitcoin (CRYPTO: BTC) is back above $1 trillion in market capitalization and has hit an all-time high in the Japanese yen. This marks the first new all-time high in a major currency, following previous highs in the Argentine peso and the Turkish lira. What Happened: Bitcoin in JPY (BTC/JPY) is...

In a significant shift, China’s yuan has surpassed the U.S. dollar as the most traded foreign currency in Russia. This development is a part of the ongoing trend of de-dollarization, reflecting a global move away from the dollar. What Happened: The Renminbi accounted for 42% of all foreign...