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Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness

Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness

Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U....
Jun, 28, 2024
by Bitcoin News
Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO

Asian Economies Could Benefit From Reduced Dollar Influence, Says Devere CEO

The CEO of asset management firm Devere Group says the world is shifting “away from a dollar-dominated financial system.” Emphasizing that a shift ...
Aug, 06, 2023
2 min read
by Bitcoin News
US Debt Ceiling Dramas Diminish Dollar’s Credibility and Reputation as Safety Asset, Warns Devere CEO

US Debt Ceiling Dramas Diminish Dollar’s Credibility and Reputation as Safety Asset, Warns Devere CEO

The CEO of investment management firm Devere Group has warned that the U.S. debt ceiling dramas have weakened the U.S. dollar’s “global reserve cur...
Jun, 05, 2023
3 min read
by Bitcoin News
$12,000,000,000 Asset Manager Says Investors Flocking to Bitcoin and Crypto Amid Global Banking Fallout

$12,000,000,000 Asset Manager Says Investors Flocking to Bitcoin and Crypto Amid Global Banking Fallout

The CEO of the $12 billion financial advisory firm deVere Group, Nigel Green, says investors are seeking alternatives like Bitcoin and crypto as th...
Mar, 25, 2023
2 min read
by The Daily Hodl