Posts

Showing posts with the label usd

Trump Tariffs Were Supposed to Strengthen the USD: Why Is it Falling?

Image
Donald Trump, the 47th president of the United States, is currently inviting heavy scrutiny and criticism. His administration is marred by fierce policies, tariff hikes, and ideas that have taken a significant toll on the US dollar. His blunt comments and opinions have made notable headlines across the markets, eventually hitting the US dollar, with investors pivoting around to figure out stable alternatives other than the weak US dollar. Trump’s policies have certainly weakened the US dollar, but now, his latest move could have changed the USD game forever. Also Read: Currency News: Chinese Yuan Emerges as Top Threat to US Dollar Power The President’s Latest Move and Its Effect on the US Dollar Source: Market Watch Donald Trump was elected in January 2025 and had assumed duties with great vigor and enthusiasm. Investors celebrated his election with zest, hoping the dollar would eventually gain a significant upswing once Trump officially assumed the reins of administration. ...

BRICS: JP Morgan Predicts How Long USD Will Remain Global Currency

Image
JP Morgan has predicted how long will the USD remain the global currency as BRICS initiates de-dollarization steps. The US dollar is under pressure from various corners as developing countries are cutting ties with the currency. From settling trade in local currencies to diversifying their central bank reserves with gold and rewriting policies for the benefit of the alliance, a paradigm shift is occurring in the global financial sector. Also Read: BRICS: 71 Countries Settled Trade Without the US Dollar Emerging economies feared repercussions from the White House before if they didn’t align with American policies. They show no fear in 2025 and are ready to challenge the US on the world stage. Taking into consideration all the latest developments, JP Morgan provided a forecast on how long the USD can survive as the world’s reserve currency as BRICS looks to topple it. BRICS: How Long Will the USD Remain the World’s Reserve Currency? JP Morgan CEO Explains Source: CNBC JP...

R. Kiyosaki warns dollar savers they’re in ‘serious trouble,’ here’s why

Image
Amid his continuous warnings about the looming financial collapse that he believes will strike the United States, as well as the rest of the world, Robert Kiyosaki has recently issued a word of caution to people saving money in U.S. dollars, telling them they are in “serious trouble.” Indeed, the popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ opined that dollar savers were in trouble, as he discussed the economy with Miles Franklin Precious Metals founder Andy Schectman for an episode of The Rich Dad Channel on August 14. Why dollar savers are in trouble According to Kiyosaki, the USD “gave the power to the stock market to go through the roof, and when they talk about the bubble, the three-times bubble, it’s stocks, paper assets, real estate, and the dollar is going to crash,” and he has warned people with savings in the American fiat currency: Picks for yo...

Currency: Why Trump's US Dollar Devaluation Plan Might Be A Bust?

Image
The US is currently encountering one of the most dramatic electoral campaigns in its history. With Trump’s assassination attempt and Biden withdrawing his candidacy, the US is currently in the midst of a massive transformation. With the presidential campaigns in full swing, the candidates have presented different opinions on how they would like to protect the integrity of their currency, the weak US dollar. Trump and his confidante, JD Vance, believe a frail dollar could bolster US exports, which in turn could help stabilize the dollar. But this view has gained notoriety among the masses. Let’s explore why Trump’s plan to derail the US dollar first before amping it up might weaken the dollar even more. Also Read: ASEAN: Indonesia Amps Its De-Dollarization Force To Derail US Dollar Trump Wants a Weaker Dollar: Will This Strategy Truly Work? Source: NBC News Per a recent report by Financial Times, If elected as the president of the US, Trump’s idea of weakening the dollar to b...

BRICS: New Wave of Countries Align to Overthrow U.S. Dollar

Image
BRICS countries are advancing to eliminate the U.S. dollar financial system and replace it with a new currency. The yet-to-be-released tender will take on the dollar and challenge its status as the global reserve. The five nations’ bloc aims to promote either their native currencies or the new tender to settle cross-border transactions. Moreover, the move has impressed other countries that now want to be a part of the BRICS alliance. Also Read: Ahead of Joining BRICS , Iraq Issues Ban on U.S. Dollar Transactions South Africa’s Foreign Affairs Minister, Naledi Pandor confirmed that BRICS is receiving a surge of interest from several countries. Pandor also revealed that the alliance is sorting out the surge by scrutinizing the nations that want to join the bloc. According to a report from Telesur, BRICS is looking to allow like-minded countries to join the group. BRICS Attracts Interest From New Countries to Ditch U.S. Dollar Source: ChinaDaily.com The inclusion of new coun...