Tag Archives: USD

The US Census Bureau reported that Durable Goods Orders in August improved by 0.2% month-on-month (m/m) following a 5.6% decline in the previous reading. The EUR/USD currency pair, one of the important barometers of global economic sentiment, found itself under pressure during the early Asian session earlier today, struggling around the 1.0500 mark. EUR/USD Pair A recent report from Fxstreets highlighted that one of the major drivers behind the weakening of the EUR/USD pair is the...

Not long ago, democratic hopeful Robert F. Kennedy Jr. proposed backing the U.S. dollar with bitcoin. He also promised to do away with capital gains taxes should he win the White House next year. Kennedy Has Big Crypto Ideas There are several analysts, however, that say his plans regarding USD and bitcoin are not possible. Not only that, but they also claim that his plans would do heavy damage to the U.S. economy and cause insurmountable problems. At a recent...

Crypto banking company BCB Group says it’s on the verge of offering instant USD settlements by the end of this year, thus bridging the gap between crypto and fiat even further. BCB Group is Powering Up Crypto and USD Deputy chief executive Noah Sharp commented in a recent interview: We’ve already tested the BLINC network on dollars with some pilot exchanges. We’ve already configured the technology to work for U.S. dollars, and we’re just waiting to enable it on...

Despite the spreading of such information online, it appears Joe Biden and the rest of the White House staff have no plans, currently, to convert the U.S. dollar (USD) into a digital asset. Biden Won’t Go the Crypto Route White House assistant press secretary Robyn Patterson explained in a recent interview: There are no plans to convert the U.S. dollar into a digital asset. The discussion about whether Biden would take such action goes back to the crypto executive...

CoinspeakerUS Dollar Remains Steady as China Surprises by Keeping 5-Year Interest Rates Unchanged China keeping the fiver-year loan rates unchanged has put breaks on the five weeks rally in the US Dollar. Investors now wait for the Federal Reserve's Jackson Hole symposium for any further guidance. US Dollar Remains Steady as China Surprises by Keeping 5-Year Interest Rates Unchanged

ISO 4217: Der Schweizer Franken Der Schweizer Franken wird oft als „Fluchtwährung“ bezeichnet aufgrund seiner stabilen und sicheren Natur. In Zeiten globaler Unsicherheit oder wirtschaftlicher Turbulenzen suchen Investoren oft nach sicheren Anlagehäfen, und der Franken hat sich über die Jahre als solcher etabliert. Faktoren und Begründung Seine Rolle als Fluchtwährung geht auf verschiedene Faktoren zurück, darunter die politische...

This image depicts a unit of currency issued by the United States of America. If this is an image of paper currency or a coin not listed <a href="https://www.usmint.gov/policies/terms-of-use#rights" target="_blanc" rel="noopener">here</a>. Der US-Dollar, die offizielle Währung der Vereinigten Staaten von Amerika, ist seit dem Ende des Zweiten Weltkriegs die dominierende Reservewährung und eine der wichtigsten Handelswährungen weltweit....

Die BRICS-Staaten – Brasilien, Russland, Indien, China und Südafrika – haben in den letzten Jahren eine beeindruckende wirtschaftliche Entwicklung gezeigt. Mit einer wachsenden globalen Präsenz und einem steigenden Einfluss auf den Weltmarkt werden diese aufstrebenden Volkswirtschaften zunehmend als eine ernsthafte Alternative zur traditionellen wirtschaftlichen Macht der G7-Staaten betrachtet. In diesem Artikel werfen wir einen Blick auf die Möglichkeit, dass die BRICS-Staaten bald mächtiger...

Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments. In a significant move towards revolutionizing cross-border payments, German software giant SAP SE (ETR: SAP) has made an exciting announcement in this sphere. In a blog post, the company revealed its collaboration with Circle, a leading digital currency firm, to test the use of its stablecoin, USD Coin (USDC) as a means...

Amid mounting debt-limit default risks, US investors have turned to Bitcoin as ‘digital gold’ to better hedge their savings.  Amid rising debt-limit default risks, Bitcoin (BTC) is the preferred safe-haven asset compared to other established global fiat currencies. A recent report stated that investors have turned to BTC to hedge their investments, compared to the US dollar, Japanese yen, or Swiss franc-yielding assets. In addition, Bitcoin’s growing popularity as a veritable option rivals...