US Dollar Falls as Fed Relinquishes ‘Driver’s Seat’

The US dollar fell against its peers in the opening month of 2023 as the Federal Reserve fades as the main driver in currency markets and investors focus on the policies of other major central banks. The Federal Reserve’s campaign of big interest rate hikes lured investors in the first nine months of 2022, leading … Read more

Saudi Arabia just said that it is now “open” to the idea of ​​trading in currencies other than the US dollar – does that spell doom for the dollar? 3 reasons not to worry

Saudi Arabia just said that it is now “open” to the idea of ​​trading in currencies other than the US dollar – does that spell doom for the dollar? 3 reasons not to worry The 2023 World Economic Forum has been going on for a few days now, and we are already catching a glimpse … Read more