At present, US dollar accounts for roughly 61% of the world's foreign exchange reserves.
Yesterday was the end of some short-lived rallies as stocks fell back from their record highs and the dollar index retreated back to pre-Brexit lows. In the long term, these changes are showing the dollar continues to lose its purchasing power due to
It appears Russia is close to taking the next big step towards de-dollarization and killing the petro-dollar as Vladimir Putin's "dream" of ruble-based pricing of its domestically-produced oil is on the verge of realization.
Two data points may establish a trend. Three can confirm the trend - with a margin of error. But what happens when six data points line up in the same direction? It's a full-blown, screaming signal. While strategists at Bloomberg are optimistic
White House poised to release secret pages from 9/11 inquiry … The Obama administration will likely soon release at least part of a 28-page secret chapter from a congressional inquiry into 9/11 that may shed light on possible Saudi connections to t
It seems the end really is nigh for the U.S. dollar.
In this video Luke Rudkowski reports on the breaking news of both China and Saudi Arabia making geopolitical moves that will cause a U.S economic collapse and obliteration of the U.S hegemony petrodollar.
"Overall, I'd be rather cautious about investments in equities..." the editor and publisher of the Gloom, Boom & Doom report told CNBC's "Fast Money" traders this week.
It all started in mid/late 2014, when the first whispers of a Fed rate hike emerged, which in turn led to relentless increase in the value of the US dollar and the plunge in the price of oil and all commodities, unleashing the worst commodity bear ma
Former money-market trader Paul Thompson was at his well kept brick-and-tile Dalkeith home, a couple of blocks from Perth's Swan River, last Thursday when Australian Federal Police officers came to arrest him.
At the moment, the strength of the $USD correlates very strongly to equities.
The U.S. dollar is on steroids, and it's not getting off them any time soon.