Tag: dollars

“They won’t stop printing,” Putin says of the US dollar and its $33 trillion debt burden

“They won’t stop printing,” Putin says of the US dollar and its $33 trillion debt burden

Vladimir Putin, President of Russia, gave his first international interview last Thursday (8). On that occasion, he noted that the dollar is the US’s most important weapon to maintain its power over the world. Putin, however, argued that the US sanctions were a strategic mistake by the US. Even his allies are reducing their holdings […]

The dollar falls $17 ahead of data on US economic growth.

The dollar falls $17 ahead of data on US economic growth.

In turn, the minimum price of the us currency It hits $3,910 while the maximum is $3,915. Analysts are preparing for the publication of economic growth figures USAwhich they expect will amount to 2% fourth trimester. On the other hand, the European Central Bank (ECB) has met expectations and kept interest rates at 4.5% for […]

The dollar started the day above $3,950, following 2023 inflation data

The dollar started the day above $3,950, following 2023 inflation data

The opening value of the us currency It was $3,942. In turn, the minimum price is $3,942, while the maximum price is $3,960. The behavior of the coin increases after learning that the inflation in Colombia continued its decline. For December 2023, the annual indicator was 9.28% National Administrative Department of Statistics (Deen) through the […]

The dollar maintains a downward trend and averages $3,850

The dollar maintains a downward trend and averages $3,850

And investors are reacting optimistically to data suggesting inflation is approaching the 2% inflation target US Federal Reserve (Fed). “Inflation is falling, the economy continues to improve and the cycle of increases has ended. In all these macro trends, the recovery is justified,” he told the network. CNBC analyst Jan Szilagyi, CEO and co-founder of […]

The political climate influenced the dollar to remain at $4,000

The political climate influenced the dollar to remain at $4,000

And after the us currency will respond November from 2022 Representative market interest rate (TRM) highest in history, namely $5,061.21, the behavior this year, according to analysts, was in line with what was experienced internally and externally, since last year the currency was very overrated. He dollars touched his beak highest in the year, at […]

The dollar opens higher and hits $4,000 again

The dollar opens higher and hits $4,000 again

This is the third month in a row that the number of people has fallen jobs available, a situation that experts say could reflect a cooling of the labor market as a result of the eleven tariff increases applied by the government fed to lower prices. For example, the number of new employees in October […]

The dollar opens the day this Wednesday below $4,000

The dollar opens the day this Wednesday below $4,000

The minimum price, in turn, is $3,972, while the maximum price is $3,972 $4,013. The Federal Reserve will meet again next week and decide on interest rates; Currently, investors are confident that the Fed will cut rates in 2024. On the other hand, oil has lost nearly eight dollars in just six days since November […]

Bitcoin reaches $39,000, while the dollar loses strength

Bitcoin reaches $39,000, while the dollar loses strength

Green Bitcoins on dollar bills. After closing up 8.8% in November, Bitcoin has already posted a 3% gain in the first days of December. Besides the hope that an ETF could be approved in January, another factor contributing to this increase is the weakening of the dollar. In short, the market expects the Fed to […]

De-dollarization that doesn’t exist

De-dollarization that doesn’t exist

The more countries that want to overthrow US monetary dictates soon threaten to overthrow the dominance of the dollar, the less likely they are to ever succeed. When the issue of throwing off the dollar yoke is discussed at the next meeting of the BRICS group of countries, it certainly cannot be ignored. The fifteenth […]

The dollar is trading below $4,050 this Friday

The dollar is trading below $4,050 this Friday

“He Federal Market Committee Open (F.O.M.Cin English) aims to achieve a monetary policy restrictive enough to reduce inflation to 2% over time, and we are not confident that we have achieved that position,” Powell said at a roundtable on the fiscal policy, organized by the International Monetary Fund (IMF). So if it is appropriate to […]