Tag : U.S. dollar

Business

China forex reserves fall in March to $3.34 trillion

basrahdaily.com
BEIJING: China’s foreign exchange reserves fell to $3.3421 trillion at the end of March, official data showed on April 7, as a stronger U.S. dollar and weaker prices...
Business

South Korea FX reserves fall in March on stronger dollar

basrahdaily.com
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations...
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Elliott Management warns of crypto collapse due to White House backing

basrahdaily.com
Elliott Management warns crypto is a speculative bubble driven by hype and White House support, cautioning that its collapse could destabilize the U.S. dollar....
Featured News

Dollar strengthens in 2024 as markets brace for cautious Fed policies

basrahdaily.com
The U.S. dollar posted strong gains in 2024, boosted by higher Treasury yields and a cautious Fed policy outlook, while markets braced for economic shifts...
Business

Gold prices rally amid U.S. dollar decline and economic data anticipation

basrahdaily.com
In recent Asian trading sessions, gold has witnessed a noticeable uptick, rebounding from its most significant weekly decline since June. This surge is primarily attributed...