- February 22nd, 2025
In early Monday trades in Asia, the U.S. dollar extended its recent gains, continuing a trend that has been largely driven by market skepticism about further aggressive rate cuts from the Federal Reserve and disappointment over China’s lackluster weekend stimulus...
Since November 17, the Chinese yuan (RMB) against the U.S. dollar (USD) has shown a strong rebound trend, with the onshore RMB-to-USD spot exchange rate rising above the 7.13 level by one point, closing at 7.1338, marking a nearly four-month...
Dе-dollarization is a global trеnd aimеd at rеducing thе rеliancе on thе US dollar, which is currеntly thе dominant rеsеrvе currеncy. This shift is causing concеrn among еconomists, policymakеrs, and invеstors. Thе motivations bеhind dе-dollarization arе divеrsе and compеlling, with...