Tag: usd

BRICS to create their own currency – get ready for a new age

BRICS is developing a new currency. August's summit may bring a turning point, as several nations want to decrease their reliance on the US dollar.

Gold fears inflation – will the new US release send yellow metal down?

Fed did not persuade investors of its optimistic rate policy and markets closely watch Tuesday's inflation data from the U.S.

Fed has started its 12-week test of digital dollar

Several commercial banks will help Fed with the test of the digital dollar in the United States. This is the first test of a CBDC in the US.
EUR/USD erases post-FOMC losses

EUR/USD erases post-FOMC losses

The Euro has rallied recently, pushing the EUR/USD pair above the 1.13 resistance, completely erasing all the losses suffered after the hawkish FOMC decision.