The dollar, in an environment where it should be acting like a safe haven, is not.”That, as with so much of the volatility that has whipsawed global markets recently, has a singular explanation: President Donald Trump.
As Europe, China, and other major economies retaliate, the dollar could face persistent pressure. Green affirms that if real yields decrease, trust diminishes, and the US is perceived as the source of global instability rather than its shield, the dollar could start to lose its unique safe-haven advantage.
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Donald Trump has piqued European leaders’ interest in currency markets. After the euro jumped against the dollar, French president Emmanuel Macron quizzed central bank chief Christine Lagarde on the outlook for the exchange rate in private conversations in Brussels last week,
The USD1 stablecoin is the latest of Trump’s crypto ventures an addition to the fastest growing sector of the crypto economy.
Asian shares skidded with Wall Street on Thursday while the dollar climbed to a three-week high after U.S. President Donald Trump announced new tariffs on all auto imports, ratcheting up a global trade war that risks fuelling inflation.
President Donald Trump’s crypto project World Liberty Financial said it plans to launch a stablecoin redeemable one-for-one with the dollar, an announcement that comes as his administration throws its support behind the digital tokens that underpin most crypto transactions.
World Liberty Financial (WLFI), the cryptocurrency project backed by U.S. President Donald Trump and his sons, is planning to launch a U.S. dollar-pegged stablecoin, it said on Tuesday. The new digital token,
Asian stocks followed Wall Street higher on Wednesday and the U.S. dollar meandered as markets awaited clarity on President Donald Trump's trade policy ahead of a new round of tariffs next week.Traders received some hope on flexibility from the White House after Trump said on Monday that not all levies would come on the April 2 deadline,
It’s the ultimate widow-maker trade: dumping the U.S. dollar on fears its reserve-currency status is ending. Count the times speculators lived to regret shorting what’s still the center of the financial universe in the last 30 years.