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Category Dollar

JPMorgan Chase Warns De-Dollarization Underway As Central Banks Ditch USD, Aggressively Stockpile Gold

JPMorgan Chase Warns De-Dollarization Underway As Central Banks Ditch USD, Aggressively Stockpile Gold

JPMorgan Chase warns de-dollarization is accelerating, as central banks slash USD reserves while aggressively stockpiling gold. In a new note, Meer...
World’s Largest Pension Fund Loses $61,000,000,000 in Three Months Amid US Dollar Decline

World’s Largest Pension Fund Loses $61,000,000,000 in Three Months Amid US Dollar Decline

The largest pension fund in the world just announced a multi-billion dollar loss largely due to the declining value of the US dollar. Japan’s Gover...
US Dollar Witnesses Worst First-Half Performance in 52 Years As Money Supply Explodes To $21,942,000,000,000

US Dollar Witnesses Worst First-Half Performance in 52 Years As Money Supply Explodes To $21,942,000,000,000

The US dollar index (DXY) has suffered its steepest first-half decline in over half a century amid new all-time high levels for the country’s money...
Central Banks Reveal ‘Doubts’ About US Dollar Following Geopolitical Tensions – Here’s Which Currencies They’re Shifting Toward

Central Banks Reveal ‘Doubts’ About US Dollar Following Geopolitical Tensions – Here’s Which Currencies They’re Shifting Toward

A new survey of central banks suggests growing skepticism about the future of the US dollar and its role in the global economy. Analysts from the O...
China Abruptly Dumps $8,200,000,000 in US Treasuries As Dollar Extends Massive Losses

China Abruptly Dumps $8,200,000,000 in US Treasuries As Dollar Extends Massive Losses

China’s US Treasury holdings have dropped to 2009 levels after its central bank sold more than $8 billion in the month of April. According to a new...