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Dollar dominance could give way to a 'tripolar' currency system as China's yuan and the euro rise on the world stage
"With capital controls, it would be difficult for the [yuan] to become a viable international curre…
Phil Rosen
Dollar dominance could give way to a new regime that includes the euro, yuan, CBDCs, and maybe something 'we have yet to see'
"Within the next decade or two, there is great potential for regionally-dominant currencies and a m…
Filip De Mott
I'm a sunbed saver in Ibiza. I'll go to the hottest spots and save a prime seat by the pool — for 500 euros.
For a fee on top of the cost of the rental, Alexia Parmigiani will go to the hottest spots in Ibiza…
Mark Ellwood
Iran rations euros as fights break out at foreign-exchange offices amid rial's plunge to record lows
Iran's currency, the rial, plummeted on Monday to a new all-time low of more than 500,000 against t…
Filip De Mott
Russia makes bid to host European soccer championships while waging continent's largest armed conflict in decades
UEFA previously banned Russia from international competitions.
Cork Gaines
Brazil and Argentina are gearing up to launch a joint currency that could become South America's euro
The two countries' leaders said Sunday that they were developing a common currency, which could boo…
George Glover
Euro surges and natural gas prices sink after Russia resumes flows of fuel through a key pipeline
Flows of Russian gas through the Nord Stream 1 pipeline resumed Thursday, offering temporary relief…
Amanda Cooper
Russian gas holds the keys to the euro as the energy crisis weighs on Europe's economy and currency
The euro could pull back further to fall between $0.95 to $0.97 against the dollar, a range of anal…
Brian Evans
A fort in Montenegro that was a concentration camp during WWII was converted into a luxury resort starting at 500 euros a night
When the plans to refurbish the fortress were first announced in 2016, it was met with resistance f…
James Pasley
US stocks plunge as inflation accelerates more than expected to the hottest rate since 1981
Wednesday's consumer price index data showed a 9.1% rise in prices year-over-year, above the expect…
Phil Rosen
The euro has broken $1 for the first time in 20 years, bulldozed by an unstoppable dollar. Here are 3 other currencies to watch.
The dollar has surged this year as the Fed hikes interest rates aggressively. These three other maj…
George Glover
US stocks trade cautiously ahead of key inflation data, while oil steadies after cratering 7%
Investors are eyeing the latest inflation data. A higher reading could potentially push the Federal…
George Glover
US stocks trade mixed as fresh COVID-19 curbs in China renew fears about global growth
Benchmark US oil prices dipped back below $100 a barrel, and the euro briefly reached parity with t…
Jason Ma
As 'economic warfare' threatens to break out in Europe, the euro finally crumbles below $1 for the first time since 2002
Relentless pressure on the single European currency finally pushed the euro/dollar exchange rate be…
Amanda Cooper
Global shares drop as the economic outlook darkens; dollar gains drive the euro to parity
Investors are awaiting the start of the second-quarter earnings season to learn how US companies ar…
Amanda Cooper
De-dollarizing global trade is a great move but will take decades to play out says Motilal Oswal
The RBI is aiming to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Serv…
The dollar and euro are less than a penny away from reaching parity for the first time in 20 years
On Monday, the euro exchange rate was down 0.9% to $1.009. And over the last 12 months, the euro ha…
Phil Rosen
The euro is facing a deeper slide under the weight of Europe's gas crisis and the ECB's bond-rout response, says Societe Generale
The euro is sinking closer to parity with the dollar, buying $1.016 and trading at a nearly 20-year…
Carla Mozée
The euro could sink to 0.9 against the US dollar if Russia cuts off oil supplies to Europe, portfolio manager says
The euro hit a new 20-year low against the dollar Tuesday, and could fall further. An investor told…
Brian Evans
Dollar dominance is going to stick around in global markets as there's nothing on the horizon to rival the greenback, Fed study says
"The dollar's international role, whether for trade, investment or use as a global reserve currency…