The Fed Is To Blame For The Dollar's Recent Weakness. Still, There Is No Fiat Alternative...
6 Articles
6 Articles
The Fed Is To Blame For The Dollar's Recent Weakness. Still, There Is No Fiat Alternative... - Nemos News Network
Authored by Daniel Lacalle, There are plenty of comments about the death of the US dollar as the world’s reserve currency. These tend to appear when the dollar index declines. However, these “dollar death” reports are greatly exaggerated and fail to answer a simple question: What is the alternative? If you want to bet on the euro as a global reserve currency ahead of the imposition of the digital euro, which will obliterate all limits to central…
Gold Hovers Below $3,400 as Trade Tensions
Gold (XAU/USD) slipped slightly on Tuesday after posting gains over the past two sessions. Despite the pullback, the precious metal remains supported by heightened geopolitical and monetary concerns, particularly as markets brace for the looming August 1 tariff deadline set by US President Donald Trump. The spotlight remains on the ongoing trade talks between the […] The post Gold Hovers Below $3,400 as Trade Tensions and Fed Drama Fuel Uncertai…
Gold Prices Rise in UAE as U.S. Dollar Weakens Ahead of Trade Deadline and Fed Meeting
U.S. dollar index trades near a one-week low, making gold cheaper for foreign buyers Gold prices climbed on Tuesday, reaching their highest level in over a month, buoyed by a weaker U.S. dollar and lower Treasury yields, as investors anticipated progress in trade talks ahead of the August 1 deadline. In Dubai, gold rates witnessed notable increases, with 24-carat gold rising AED2.75 to AED408.25 and 22-carat gold gaining AED2.50 to AED378.00. In…
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