The Russian ruble has been ranked the world’s most underrated foreign money towards the US greenback by the 2021 Huge Mac Index, which gives an evaluation of the buying energy of currencies in contrast to one another. ...
International costs for crude had been pushed to new multi-month highs because the current bounce by the US greenback appeared to lose its steam, rising the attraction of commodities priced within the forex. ...
The gold share of Russia’s overseas change holdings rose to 22.9 % over the 12 months to June 30, 2020, based on knowledge revealed by the nation’s central financial institution. ...
US greenback demise will quickly be attributed to bitcoin rise – Max Keiser
Posted On Sunday, January 10, 2021 By Russian Opinion. Under Economy Tags: attributed, Bitcoin, demise, Dollar, Keiser, Rise, soon
The main world cryptocurrency’s parabolic surge is already off the US’ cash printing chart, however in contrast to fiat cash, it’s going to maintain rising. RT’s Keiser Report hosts, Max Keiser and Stacy Herbert, clarify why. ...
The value of gold grew by as a lot as 1.three % on Monday, because the US greenback slipped following President Donald Trump’s signing of a long-awaited $ 900 billion coronavirus stimulus bundle. ...
The greenback index broke beneath 90 final week for the primary time for the reason that spring of 2018. The rising weak spot means a serious decline is coming for the dollar in 2021, says veteran stockbroker Peter Schiff. ...
Australian greenback strengthens on surging iron ore costs & dollar weak spot
Posted On Monday, December 14, 2020 By Russian Opinion. Under Economy Tags: Australian, Dollar, greenback, iron, prices, strengthens, surging, Weakness
The Australian forex continued to realize on the US greenback on Monday, hitting AUD 1.32 in opposition to the dollar and reaching the very best stage since 2018. ...
Max Keiser and Stacy Herbert have a look at the assertion from Larry Fink, chairman and CEO of the world's greatest money-management agency BlackRock, who says the US greenback may very well be much less related in a bitcoin world. ...
US Greenback slide anticipated to proceed into subsequent yr on dangerous bets & stimulus hypothesis
The US forex’s downward pattern is more likely to final not less than one other six months as buyers proceed to shift to dangerous belongings and better returns, a Reuters ballot of forex strategists discovered. ...
Whereas vaccine hopes are driving markets larger to guide traditionally robust positive aspects, the US financial system remains to be in a weak place, based on former Morgan Stanley chief economist Stephen Roach. ...