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
Next recession: Peter Schiff says next one will outdo housing bubble - Business Insider
Peter Schiff explains why the US economy is headed for higher rates, stagflation, and a deep recession.
US Dollar Price Volatility Outlook: Data & Fed Cuts in Focus
US Dollar currency volatility eyes the barrage of high-impact economic data releases slated for Thursday and how it might sway Fed rate cut expectations.
US Dollar Shrugs off Treasury Intervention Comment, AUD May Rise
The US Dollar shrugged off news that the Treasury Department is holding off on USD intervention “for now”. Ahead, downside AUD/USD progress may be impeded by local private Capex data.
US Dollar Price Outlook: EUR/USD Eyes GDP, Trade Balance Data
The US Dollar could be at risk in light of upcoming economic data releases during Thursday's trading session with Q2 GDP and July Advanced Goods Trade Balance serving as potential catalysts for volatility.
USDTWD May Rise on Jackson Hole, Taiwan Jobs Data
The US Dollar may rise vs TWD if Taiwan jobs data misses estimates and comments from the Jackson Hole symposium stoke recession anxiety.
USD Price Outlook: US Dollar Eyes FOMC Minutes & Jackson Hole
Forex traders could experience significant US Dollar volatility over the next week with the release of the July FOMC minutes Wednesday and Jackson Hole Economic Symposium slated to kick off Thursday.
Euro Braces for Italian Political Volatility: Snap Election Ahead？
Euro traders may get jittery if Prime Minister Guiseppe Contes address to the Italian Senate revives fears of political uncertainty and the prospect of a snap election.
US Dollar May Rise vs Euro if Eurozone Inflation Data Undershoots
The US Dollar may rise at the expense of the Euro if Eurozone inflation data misses estimates and fuels ECB rate cut bets and expectations of quantitative easing being reintroduced.
US Dollar May Rise vs NOK if Norges Bank Trims Hawkish Outlook
The US Dollar may rise vs the Norwegian Krone if the Norges Bank scales back its hawkish outlook against the backdrop of slower regional and global growth.
US Dollar May Rise, GBP/USD Eyes 1985 Low After UK GDP Contraction
The US Dollar may extend its recovery from Fridays US-China trade update. Meanwhile, the GBP/USD could reach its lowest point since 1985 after the UK economy unexpectedly contracted.
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.
US Dollar, Stock Markets Brace for FOMC Rate Decision
The US Dollar may gain at the expense of equity markets if the Fed rate decision and accompanying commentary induces risk aversion, overriding downward pressure from a dovish policy change.
