The US dollar took the top spot of the currency markets this week, outperforming the Euro and Chinese yuan. The DXY index, which tracks the USD’s performance, shows the currency touching 103.10 on ...
The Indian Railway Finance Corporation (IRFC) has been making headlines for its bearish nature. Over the past five days, IRFC shares have dropped by 2.10%. Currently, this stock’s price is in the 150 ...
Leading investment bank Goldman Sachs remains bullish on the top tech stock, Nvidia. Its price is currently hovering around the $138 price range and ended Monday on a high as it surged 2.43%. The ...
JP Morgan CEO Jamie Dimon has expressed some concerns about the global economic situation, as geopolitical tensions are rising in the Middle East. Dimon explained that the unending tensions will ...
The BRICS alliance settled 65% of trade among member nations in local currencies and not the US dollar. The usage of the US dollar and Euro has fallen below 35% among the existing members of the bloc.
BRICS member Russia is pitching a new idea of a ‘multicurrency payment system’ option to break the US dollar dominance. Russia is proposing changes to cross-border transactions where all currencies of ...
Amid what has been a tough three years for Intel (INTC), the technology development and manufacturing firm, could be set to continue falling over the next 12 months. Indeed, 30 analysts have ...
The UAE Central Bank has given in-principle approval for an AED stablecoin. This move marks a big step in crypto adoption for the country. It’s set to change the UAE’s financial landscape and boost ...
Cryptocurrency was prominent in this year’s presidential elections. Donald Trump and Kamala Harris were both seen as willing to make reforms to aid the industry’s growth. While several believe that ...
After BRICS, a new alliance has kick-started the de-dollarization process and is using local currencies for trade and not the US dollar. The Commonwealth of Independent States (CIS), which consists of ...
XRP’s recent price moves have caught attention. Its bull rally and consolidation phase have ended, leading to experts’ new crypto forecasts. XRP ended its two-week consolidation on October 15, 2024.
Gold fever is no longer limited to China and India, as Americans are buying the precious metal at the supermarket Costco. The accumulation spree was so massive that stocks of gold bars at Costco ...