Tag Archives: Dollar

El Salvador President says Dollar is dead, Bitcoin is future

El Salvador President Nayib Bukele has yet again made his love for Bitcoin public. In a tweet, Bukele boldly announced that the days of fiat money may soon be over and that Bitcoin is the “real revolution” the world is seeing at present. Bukele also mentioned that El Salvador is spearheading this Bitcoin era. Taking to Twitter, the El Salvador Read More


Dollar off highs as investors seek more US rates guidance

The dollar held firm on Tuesday, just below the previous day’s high as investors focused on the next set of US data to see whether it supports expectations that the Federal Reserve will raise interest rates soon. Despite hawkish comments last week from both Fed Chair Janet Yellen and Vice Chair Stanley Fischer, markets still price in less than 50 Read More


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Dollar continues slide vs yen as stocks decline

The dollar slumped against the yen again on Thursday in the wake of minutes from the last U.S. Federal Reserve meeting and expectations the Bank of Japan was unlikely to intervene, while global growth concerns weighed on equities. Investors were set to monitor an appearance by Janet Yellen at 5:30 p.m. EDT (2130 GMT) in a conversation with former Federal Read More