7 / 17 Relevant items tagged with #UsDollar

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Peter Schiff Says ‘Big Surprise’ Awaits in 2024 — Warns of Crash, Recession, High Inflation Returning With Vengeance

[Dec 28, 2023 8:30 PM] Economist Peter Schiff has shared some predictions for 2024. “The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance,” he described. The technicals are…

India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns

[Dec 28, 2023 4:30 AM] The Indian Oil Ministry recently acknowledged that the country’s push to pay for oil with rupees has failed because suppliers are not sure if they will be able to repatriate their funds. The decision is intended to help diminish India’s…

Lavrov Highlights 30 Nations’ Interest in BRICS as China-Saudi Pact Poses Challenge to US Dollar

[Dec 27, 2023 4:30 PM] In a recent statement by Sergey Lavrov, Russia’s Foreign Affairs Minister, he noted that the BRICS bloc is set to expand in 2024 with new members including the United Arab Emirates (UAE), Iran, and Saudi Arabia. He revealed that approximately…

Report: Nigerian Currency Plunges to New Low Versus the US Dollar

[Dec 22, 2023 5:00 AM] The official exchange rate of the Nigerian currency versus the U.S. dollar recently plunged to a record low of 1,248 naira for every greenback. The governor of the Central Bank of Nigeria has told the country’s legislators that he sees the…

Price analysis 12/18: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, AVAX, DOGE

[Dec 18, 2023 12:32 PM] Bitcoin may remain under pressure for a few days, but a collapse is unlikely as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.

US dollar hits 4-month low as Bitcoin trader predicts 10% drop to come

[Dec 15, 2023 2:46 AM] Bitcoin stands to enjoy further relief if its standard relationship to DXY weakness holds firm, as the dollar shrinks on Fed "pivot" bets.

Price analysis 12/11: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX

[Dec 11, 2023 1:00 PM] Bitcoin’s sharp correction surprised investors, but is it a sign that further downside is in store?

Coinbase CEO Brian Armstrong: ‘Bitcoin May Be the Key to Extending Western Civilization’

[Dec 6, 2023 1:00 AM] Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as…

Price analysis 12/4: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

[Dec 4, 2023 12:31 PM] Altcoins show compelling technical setups after Bitcoin price blew past $42,000 on December 4.

Economist Peter Schiff: US Dollar Near ‘Historic Crash’ — ‘Forget Soft Landing, It’s Crash and Burn’

[Nov 29, 2023 10:30 PM] Economist Peter Schiff has warned that the U.S. dollar is “on the verge of a historic crash.” He stressed that there won’t be a soft landing for the U.S. economy, predicting a “crash & burn” scenario. Schiff…

Price analysis 11/27: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

[Nov 27, 2023 11:44 AM] Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers.

Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval

[Nov 23, 2023 1:00 AM] The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated financial…

Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

[Nov 20, 2023 12:08 PM] The weakness in the U.S. Dollar Index suggests that risky assets such as Bitcoin and the S&P 500 Index may remain in favor of the buyers.

Xi Jinping Vows No Hegemony in China’s Approach to US, Aiming for Stable Ties

[Nov 16, 2023 3:00 PM] On Wednesday, Chinese President Xi Jinping delivered a speech emphasizing China’s aspiration for harmonious ties with the United States. The Chinese head of state conveyed his vision of an enhanced “friendship in the new era”…

BTC price dips 4% as Bitcoin analysis reveals low liquidity above $33K

[Nov 16, 2023 9:39 AM] Bitcoin remains prone to volatility, while further downside offers the "path of least resistance" for BTC price next, analysis warns.

Paxos to issue USD stablecoin in Singapore, wins initial approval

[Nov 15, 2023 8:53 PM] The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval.

Price analysis 11/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

[Nov 13, 2023 11:19 AM] Bitcoin opened the week with a shallow correction, but altcoin traders seem unaffected by the slight BTC price pullback.

Price analysis 11/6: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

[Nov 6, 2023 1:59 PM] Bitcoin price is consolidating near $35,000. Will altcoins capitalize on the sideways price action and move higher?

Senator Rand Paul: Out-of-Control Government Spending Threatens ‘the Very Existence’ of US Dollar

[Nov 1, 2023 9:30 PM] U.S. Senator Rand Paul has cautioned that the government’s “out-of-control spending” is threatening the very existence of the U.S. dollar and even the country. Commenting on the government spending billions of dollars to help multiple…

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

[Oct 30, 2023 12:30 PM] Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins.

Economist Peter Schiff Says US Dollar Will Tank — Warns of USD Owners Getting Destroyed

[Oct 28, 2023 6:00 PM] Economist Peter Schiff has warned that the U.S. dollar will tank, taking the U.S. economy and the American standard of living down with it. Noting that everyone who owns U.S. dollars could “get destroyed,” he cautioned: “We are…

Nigeria Plans to Include Fintechs in Broadened Official Currency Market

[Oct 26, 2023 2:00 AM] A Nigerian official recently said the foreign exchange-starved country plans to include “legitimate” market participants like bureaux de change and financial technology companies in the official forex currency market. Finance Minister…

Price analysis 10/23: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

[Oct 23, 2023 11:40 AM] Bitcoin is showing renewed strength and targeting yearly highs. Will altcoins follow suit?

Economist Peter Schiff Warns of Deep Recession, Inflationary Depression, and Collapse of US Dollar Demand

[Oct 21, 2023 7:30 PM] Economist Peter Schiff has warned of an inflationary depression, noting that inflation will stay higher for longer, leading to a more severe and prolonged recession. He predicted that the rapidly increasing national debt and federal budget deficits…

U.S. Risks Unleashing Second 'Eurodollar' Market if It Dallies on Stablecoin Regulation

[Oct 19, 2023 2:23 PM]

Why Congress Will Be the Dollar’s Downfall

[Oct 17, 2023 8:55 AM] Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster to get off the U.S. dollar. Americans deserve to know what’s at risk so we can vote accordingly, and get the economy we deserve.

Jim Rickards Blasts US Congress Confiscation Initiatives: ‘The Drive to Create New Currencies Will Go Into Overdrive’

[Oct 17, 2023 1:30 AM] Renowned economist and best-selling author Jim Rickards has warned about the effects of a new U.S. congressional initiative that proposes confiscating Russian assets to reimburse itself for the aid given to Ukraine. Rickards believes that, if…

Price analysis 10/16: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

[Oct 16, 2023 1:02 PM] Stock markets flashed green at the weekly open, and crypto prices followed.

Renowned Investor Jim Rogers Warns of US Dollar Dominance Ending — Sees Chinese Yuan as the Only Competitor

[Oct 11, 2023 8:30 PM] Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has reiterated his warning of the end of U.S. dollar dominance. “I know that the era of the U.S. dollar is coming to an end. No currency…

Peter Schiff Anticipates No Further Interest Rate Hikes Amid Middle East War — Warns ‘Crisis Is Assured’

[Oct 11, 2023 6:30 PM] Economist Peter Schiff compared the attack on Israel to 9/11, calling it “the beginning of a bad situation.” He highlighted several factors that will weaken the U.S. economy, which he described as “already structurally weak.” The…