DollarDominance
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BREAKING: 🇷🇺 Moscow Stock Exchange stops trading in US Dollars and Euros.#$BTC $USDC #DollarDominance
💵 Morgan Stanley Makes a Bold Declaration: The US Dollar Reigns Supreme! 💪 Despite swirling debates and global uncertainties, the finance giant stands firm on the greenback's continued dominance. 🌍 With mounting debt and geopolitical tensions, some speculated on the dollar's future. 🤔 Yet, Morgan Stanley points to the lack of strong contenders, particularly the Chinese yuan, ensuring the dollar's resilience. 📈 While diversification whispers linger, Morgan Stanley's analysis is crystal clear: the USD's premier status is here to stay! 🏆 Despite BRICS' efforts to promote local currencies and dethrone the dollar, the DXY index tells a different tale—106.27 and climbing! 📈 Looks like the greenback's crown isn't slipping anytime soon! 👑 #USD #DollarDominance #MorganStanleyInsights 🚀
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$REZ did a huge difference in a day.
It's prize reaches around 0.19 dollars and it's continuously push it.
Hope it's price increase a lot in few days .
$BOME did a huge pump in a day .
It's price is increasing in a few days.
#DollarDominance #BinanceWatch #MicroStrategy #ViralTopic
It's prize reaches around 0.19 dollars and it's continuously push it.
Hope it's price increase a lot in few days .
$BOME did a huge pump in a day .
It's price is increasing in a few days.
#DollarDominance #BinanceWatch #MicroStrategy #ViralTopic
Dollar Index followed my drawing and now at the stage of inevitable bounce after the dump. I've added yellow line to show another possible scenario with rejection from last May week high and return back to May close at ~104.22
Today PPI at 12.30 UTC, so we should see some more volatility. The higher this week close, the higher are chances for #DXY to continue towards 105.4-105.7 as per original drawing scenario.
#DollarIndex #DollarDominance
Today PPI at 12.30 UTC, so we should see some more volatility. The higher this week close, the higher are chances for #DXY to continue towards 105.4-105.7 as per original drawing scenario.
#DollarIndex #DollarDominance
Ron Paul Believes De-Dollarization Is Happening at a Rapid Pace
Ron Paul, former U.S. presidential candidate and former U.S. congressional representative, has talked about how he believes de-dollarization is starting to accelerate recently, even if he does not know when the U.S. dollar will lose its reserve currency status.
In the latest episode of “The Ron Paul Liberty Report,” his online videocast, Ron Paul clarified a global reduction in the percentage of reserves held in U.S. dollars is caused by several circumstances, including “America’s endless wars, sanctions, wokism, nihilism, and unconstitutional abuses.”
About the consequences of this, Paul stated:
It is already starting. More and more we have a series of countries that are transacting their international accounts in their own currencies and ignoring it.
Furthermore, Paul declared that the U.S. government has a hand in “rigging” the price of gold in order to make the dollar look stronger, having “no respect” for gold.
Dollar Replacement and BRICS
About the possible replacement of the U.S. dollar on international markets, Paul stated that while he was not sure, Russia and China might have some kind of influence in the response to the vacuum that the dollar could leave behind. He also included BRICS, the bloc integrated by Brazil, Russia, India, China, and South Africa, as part of this answer.
Paul stated:
"I would keep an eye on BRICS and if they continue or accelerate their purchase of gold. Eventually, the best standard of money is that it is easily convertible into something that you can measure."
The BRICS bloc has been studying the issuance of a currency since at least last year, when Russian President Vladimir Putin made the announcement at the 14th BRICS summit held in China.
More recently, Russian State Duma Deputy Chairman Alexander Babakov added that such a currency might be potentially backed by gold or other commodities, including rare-earth elements or even land.
#DollarDominance #BRICS2024 #BinanceSquareFamily #BinanceSquareWritingContest
Ron Paul, former U.S. presidential candidate and former U.S. congressional representative, has talked about how he believes de-dollarization is starting to accelerate recently, even if he does not know when the U.S. dollar will lose its reserve currency status.
In the latest episode of “The Ron Paul Liberty Report,” his online videocast, Ron Paul clarified a global reduction in the percentage of reserves held in U.S. dollars is caused by several circumstances, including “America’s endless wars, sanctions, wokism, nihilism, and unconstitutional abuses.”
About the consequences of this, Paul stated:
It is already starting. More and more we have a series of countries that are transacting their international accounts in their own currencies and ignoring it.
Furthermore, Paul declared that the U.S. government has a hand in “rigging” the price of gold in order to make the dollar look stronger, having “no respect” for gold.
Dollar Replacement and BRICS
About the possible replacement of the U.S. dollar on international markets, Paul stated that while he was not sure, Russia and China might have some kind of influence in the response to the vacuum that the dollar could leave behind. He also included BRICS, the bloc integrated by Brazil, Russia, India, China, and South Africa, as part of this answer.
Paul stated:
"I would keep an eye on BRICS and if they continue or accelerate their purchase of gold. Eventually, the best standard of money is that it is easily convertible into something that you can measure."
The BRICS bloc has been studying the issuance of a currency since at least last year, when Russian President Vladimir Putin made the announcement at the 14th BRICS summit held in China.
More recently, Russian State Duma Deputy Chairman Alexander Babakov added that such a currency might be potentially backed by gold or other commodities, including rare-earth elements or even land.
#DollarDominance #BRICS2024 #BinanceSquareFamily #BinanceSquareWritingContest
