What Petrodollar recycling is

23-09-2023
Oil-producing countries found themselves having very large financial resources, namely petrodollars, precisely because crude oil was paid for using the US dollar

Russian Foreign Ministry: Troubled US Currency Accelerates De-dollarization Efforts

03-09-2023
The robustness of the US dollar has long been recognized in international finance, and for decades, it served as the bedrock for global transactions.

BRICS Challenge: Marjorie Taylor Greene Raises Alarm Bells for US Dollar's Fate

03-09-2023
Marjorie Taylor Greene, a prominent Republican Party member representing Georgia in the House of Representatives, has raised concerns over the strengthening alliance of the BRICS nations

Debt Ceiling Drama: Bitcoin Gains Momentum as Investors Seek Stability

03-06-2023
The United States is one step closer to raising its debt ceiling, sparking a ripple effect that could have profound implications on the value of the US dollar and the attractiveness of Bitcoin.

Arthur Hayes Proposes the NakaDollar: A Decentralized Solution to Stablecoin Woes

10-03-2023
Stablecoins have been a top topic in the cryptocurrency world for the past few years, with many seeking alternatives to the US dollar as the basis for their value.

US Dollar climbs after upbeat employment report

06-02-2023
On Friday, the US Dollar Index (DXY) measured against a basket of six major currencies on an average rose sharply

Dollar rises marginally ahead of Fed policy meet, as economic uncertainty pares gains

29-01-2023
US Dollar Index (DXY) measured against a basket of six major currencies on an average, had clung on to previous session’s gains ahead of the US Fed’s January 31-February 1 policy meet

Dollar wobbles near nine-months low as CPI data spurs up hope of a slower Fed path

15-01-2023
The US Dollar Index (DXY) measured against a basket of six major currencies on an average fell marginally on Friday

US Dollar tumbles to seven-month low as dismal ISM data spurs up recession fret

10-01-2023
The US Dollar Index (DXY) measured against a basket of six major currencies on an average had fallen to a fresh seven-month low

US Dollar jumps after employment data

06-01-2023
The US Dollar Index (DXY) measured against a basket of six major currencies on an average, had jumped as much as 0.84 per cent following an upbeat ADP National Employment report

US Dollar dwindles after FOMC minutes

05-01-2023
The US Dollar Index (DXY) measured against a bucket of six major currencies on an average closed out the session in a downbeat tenure on Wednesday

Dollar ends lower, but still scores for best year since 2015

31-12-2022
The US Dollar Index (DXY) fell 0.4 per cent on Friday, however, the greenback has still reported its best annual percentage gains against a number of major and emerging market currencies since 2015

US Dollar weakens as risk-appetites spur up after consumer spending data

24-12-2022
The US Dollar Index (DXY) measured against a bucket of six major currencies on an average fell 0.15 per cent to 103.95

Gold, platinum jump as US Dollar extends losses

21-12-2022
On Tuesday, US gold futures’ prices alongside spot gold prices soared more than 1 per cent

Dollar drops on BoJ policy tweak, recession fears

21-12-2022
US Dollar Index (DXY) measured against a bucket of six major currencies on an average tumbled as much as 0.73 per cent

Dollar eases amid economic concerns as Yuan bolsters after ease in Covid restriction

08-12-2022
US Dollar Index (DXY) measured against a basket of six major currencies on an average ended lower

American Dollar falls further as strong wage growth complicates scenario for US Fed

03-12-2022
US Dollar fell against a clutch of major and emerging market currencies on Friday

Ghana plans to purchase oil with gold instead American Dollar

26-11-2022
The Government of Ghana have been brewing off an option to ditch out American Dollar to purchase oil products

US Dollar gains as bond yields rise, Fed in focus

21-11-2022
US Dollar rose marginally and posted the largest weekly percentage gain in more than a month on Friday

US Dollar extends decline as inflation data stokes hope of a soft landing

14-11-2022
US Dollar fell across the board against a number of major and emerging market currencies

Dollar jolts after US inflation data as talks over less hawkish Fed float in thin air

11-11-2022
The US Dollar Index (DXY) measured against a basket of six major currencies on an average had been met with a hefty whiplash of 2.23 per cent to 107.87 on Thursday

Dollar slips as German bond yields strengthen euro, US midterm election rolls on

09-11-2022
US Dollar Index (DXY) measured against a basket of six major currencies on an average, slipped on Tuesday as US mid-term election rolls on

Wall St. rallies, Dollar drops as risk-sentiment rumbles ahead of US midterm election

07-11-2022
The US Dollar Index (DXY) measured against a basket of six major currencies spanned its latest round of losing streak ahead of US mid-term election

US Dollar gains more than 1 per cent versus euro after ECB rate-hike

28-10-2022
the American currency jumped more than 1 per cent against the bloc’s common currency euro