Dollar

Bitcoin’s earliest realistic path to becoming the world’s global reserve currency (defined here as reserve-currency primacy rather than limited reserve-asset adoption) sits around the mid-2040s under a scenario model that treats official mandates, collateral usage, and invoicing conventions as binding constraints. That timeline starts from a reserve system where total global foreign-exchange reserves reached $12.94

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a flat note near 98.00 during the early European trading hours on Monday. Financial markets are expected to trade on thin volumes as traders prepare for the New Year holiday. The US Pending Home Sales report

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The Australian Dollar (AUD) slumps against the US Dollar (USD) on Friday, with AUD/USD plunging to over one-month lows after US President Donald Trump threatened a “massive increase” in tariffs on Chinese imports, reigniting fears of a renewed trade war between the world’s two largest economies. Given Australia’s close trade ties with China, the comments

The Dollar picks up, supported by strong US employment and manufacturing data. Fed Powell reaffirmed his "wait-and-see" stance at a central bankers' summit in Portugal. Investors expect the US ADP to confirm that the US labour market remains resilient. The US Dollar is trading with a mild positive tone on Wednesday, supported by strong US

The Australian Dollar rebounds due to improved market sentiment following news of the US scaling back its goals for tariff deal negotiations. China's Caixin Manufacturing PMI climbed to 50.4 in June from 48.3 in May. The US Dollar extends its losing streak due to growing Fed uncertainty and fiscal concerns. The Australian Dollar (AUD) recovers

Federal Reserve Chair Jerome Powell testified before Congress, emphasizing the Fed's data-dependent approach. Israel-Iran ceasefire reduces demand for safe-haven assets, contributing to a weaker US Dollar. The US Dollar Index drops below 98.00 as easing Middle East tensions overshadow Powell’s hawkish comments.  The US Dollar Index (DXY) is trading lower on Tuesday following news of

Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said...