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Falling U.S. Inflation Stumbles Dollar Rally, Fueling Speculation of Rate Cuts

Falling U.S. Inflation Stumbles Dollar Rally, Fueling Speculation of Rate Cuts

The U.S. dollar is experiencing its first downturn of 2024 due to decreasing inflation, which could lead the Federal Reserve to cut interest rates.
May, 19, 2024
2 min read
by CryptoPolitan
Asian Hedge Funds Are Massively Accumulating the U.S. Dollar

Asian Hedge Funds Are Massively Accumulating the U.S. Dollar

A handful of hedge funds in Asia are among the ones that are massively accumulating the U.S. dollar’s latest dip. The…
May, 17, 2024
2 min read
by Watcher.Guru
Chinese Yuan Climbs 14.70% Against the US Dollar Since 2005

Chinese Yuan Climbs 14.70% Against the US Dollar Since 2005

The Chinese yuan is down nearly 1.9% year-to-date against the US dollar in May 2024. However, the yuan…
May, 16, 2024
2 min read
by Watcher.Guru
US Dollar Crashes To 104 But Currency Traders Are Buying the Dip

US Dollar Crashes To 104 But Currency Traders Are Buying the Dip

The US dollar crashed during the trading hours on Wednesday falling to a low of 104.22 in the DXY index. The USD…
May, 16, 2024
2 min read
by Watcher.Guru
Russia & India Settle $4 Billion Trade in Rupee, Ditch US Dollar

Russia & India Settle $4 Billion Trade in Rupee, Ditch US Dollar

In a multipolar world where US dollar dominance continues to be challenged, the rise of local currency narratives…
May, 13, 2024
2 min read
by Watcher.Guru