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What's happening with the US Dollar? Why do countries ditch USD?
As several nations focus on enhancing their currencies, the dominance of the US dollar in the global monetary system is declining. Nouriel Roubini, also known as “Doctor Doom” for accurately forecasting the 2008 global financial crisis, recently warned that the dollar’s position as the primary reserve currency in the world is at risk. This warning is proving accurate, as the world’s major emerging economies have agreed to ditch USD for trade!
What's happening with the US Dollar? Is it losing its dominance?
As several nations focus on enhancing their currencies, the dominance of the US dollar in the global monetary system is declining. Nouriel Roubini, also known as “Doctor Doom” for accurately forecasting the 2008 global financial crisis, recently warned that the dollar’s position as the primary reserve currency in the world is at risk. This warning is proving accurate, as the world's major emerging economies have agreed to ditch US dollar for trade!
GemForex - weekly analysis
The week ahead: US Dollar struggles to find demand
US Dollar Outlook: USD Upside Stalling, Risk of Larger Setback
USD Losing its Appeal Temporarily Eyes on August and March Peaks for Support
US Dollar to Four-Month-Highs: EUR/USD, USD/CAD
US Dollar to Four-Month-Highs: EUR/USD, USD/CAD
Three Reasons to Sell the US Dollar
The US currency will seriously suffer from the redistribution of the world
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Euro Braces for Italian Political Volatility: Snap Election Ahead？
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US Dollar May Rise, GBP/USD Eyes 1985 Low After UK GDP Contraction
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US Dollar Eyes Fed‘s Evans Speech After Bullard’s Commentary
The US Dollar will be closely monitoring a speech from Chicago Fed President Charles Evans after St. Louis Fed President James Bullards neutral commentary.
US Dollar May Rise Versus PHP as Trade War Risk Overshadows CPI
The US Dollar may rise versus the Philippine Peso after CPI data as US-China trade war tensions may fuel more-aggressive easing from the BSP. USD/PHP took out key falling resistance.
USD Soars on Fed, Gold Price Cleared Support on Less Dovish Powell
The US Dollar soared as the Fed cut rates for the first time since 2008 but Chair Jerome Powell surprised less dovish, increasing the risk of a reversal in anti-fiat gold prices.
