China forex reserves fall in March to $3.34 trillion
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices...
Tag : U.S. dollar
South Korea FX reserves fall in March on stronger dollar
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations...
Gold prices steady as market awaits Trump tariff clarity
Gold prices remained largely flat on Monday, with investors closely watching for clarity on Trump's tariffs ahead of a key April 2 deadline. Spot gold...
U.S. bonds are a “joke,” Kiyosaki warns of economic collapse
Rich Dad Poor Dad author Robert Kiyosaki has once again shared his views on Bitcoin and the global financial landscape, emphasizing his preference for alternative assets amid economic uncertainty. In a...
Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar
Oil prices continued their upward trend, settling above $72 per barrel amid ongoing supply uncertainty and a weak dollar, which made dollar-denominated commodities more attractive to...
Elliott Management warns of crypto collapse due to White House backing
Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of...
Strong U.S. growth and Fed policies drive dollar to multi-year highs
The U.S. dollar index surged to its highest level in more than two years on Thursday, reflecting investor optimism about the U.S. economy and expectations...
Dollar strengthens in 2024 as markets brace for cautious Fed policies
The U.S. dollar ended 2024 with significant gains against most global currencies, supported by higher Treasury yields and reduced expectations for aggressive Federal Reserve rate...
Gold prices rally amid U.S. dollar decline and economic data anticipation
In recent Asian trading sessions, gold has witnessed a noticeable uptick, rebounding from its most significant weekly decline since June. This surge is primarily attributed...
Gold nears $2,000 as Fed rate hike pause boosts appeal
In a notable turn of market dynamics, gold prices are steadfastly maintaining their position near the pivotal $2,000 mark. This stability is largely attributed to...