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These ETFs Gain As Dollar Slips And Rate Cut Bets Rise
Wednesday, July 2, 2025 - 3:15pm | 667As the greenback crawls through one of its worst first-half performances in decades, investors are seeking both yield and shelter in global fixed income markets. The U.S. dollar has been under pressure, dragged down by increasing political uncertainty, lower-than-expected economic data, and a...
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Trump's Canada Trade Flip, Oil Market Shock And Nvidia's Rise To The Top: This Week In Economy
Sunday, June 29, 2025 - 6:01am | 575The past week has been a rollercoaster ride for Wall Street, with unexpected turns in trade negotiations, surprising oil market reactions, and tech giants reaching new heights. Here’s a quick recap of the top stories that kept the financial world buzzing over the weekend. Trump’s Trade...
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Scott Bessent Forecasts Stablecoins Increasing Appetite For US Treasuries By Trillions — Promises 'Highest' Regulatory Standards For Dollar-Pegged Cryptos
Monday, May 26, 2025 - 3:26am | 488Treasury Secretary Scott Bessent predicted Friday that stablecoins will unlock trillions of dollars in demand for U.S. treasuries in the near future. What Happened: During an interview with Bloomberg Television, Bessent was asked about the impact stablecoins could have on the...
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April 2 Tariffs Could Trigger A US Dollar 'Rally To Sell,' Bank Of America Economists Say
Thursday, March 27, 2025 - 11:55am | 694A U.S. dollar bounce in reaction to imminent reciprocal tariff announcements might be the perfect moment to cash out before deeper economic tensions unravel the greenback, according to Bank of America. In its latest FX Viewpoint report, the team led by Athanasios Vamvakidis reaffirmed a bearish...
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Interest Rate Cut In December? St. Louis Fed's Musalem Urges 'Patient Approach' In 'Last Mile' To 2%
Wednesday, December 4, 2024 - 10:38am | 694An interest rate cut at the upcoming Federal Reserve’s Dec. 18 meeting remains far from being a done deal, as St. Louis Fed President Alberto Musalem's latest remarks suggest policymakers may face a heated debate in the weeks ahead. Speaking at an economic symposium hosted by Bloomberg in...
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Dollar Powers To 4-Month Highs Against Yen: Trump Tariff Expectations Spark Carry Trade Frenzy
Wednesday, November 13, 2024 - 4:41pm | 892The U.S. dollar surged past 155.60 yen on Wednesday, hitting levels unseen in nearly four months. What Happened: Investors piled back into yen-dollar carry trades. The speculation is that the incoming Trump administration will aggressively hike tariffs on imports. Economists expect the planned...
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Top Crypto Analyst Rules Out Possibility Of 'Big Bitcoin Crash' In The Days Ahead: Here's Why
Monday, September 9, 2024 - 4:35am | 717Despite the recent downturn in the market, cryptocurrency analyst Michaël van de Poppe believed that a major Bitcoin (CRYPTO: BTC) crash is not on the horizon. What Happened: In an X post on Sunday, Van de Poppe noted that while Bitcoin’s price has corrected by 26% from its all-time...
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Morgan Stanley Crypto Expert Outlines How Bitcoin, CBDCs Threaten US Dollar Supremacy
Tuesday, January 16, 2024 - 1:17pm | 554Morgan Stanley (NYSE: MS) issued a warning about the potential decline in the global dominance of the U.S. dollar. The investment bank attributed this decline to the rising influence of digital assets like Bitcoin (CRYPTO: BTC) and various central bank digital currencies (CBDCs). Andrew...
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Bitcoin To Skyrocket 2,662%, Says Anthony Scaramucci: Brace For $700,000 BTC
Monday, October 16, 2023 - 2:17pm | 574SkyBridge Capital's Anthony Scaramucci remains optimistic about Bitcoin's (CRYPTO: BTC) potential, projecting a staggering 2,662% rise from its present valuation of approximately $543 billion. Speaking on the OPTO - Invest in Innovation podcast, Scaramucci said Bitcoin...
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Have The Bulls Returned? Get Prepared For October And Q4 With Markets With Mando!
Monday, October 2, 2023 - 9:40am | 733Take a screen shot of wherever you are reading this article, whether it is on Benzinga, Webull or TOS, and tag @Mandotrading and @Benzinga in a tweet with the screenshot for a FREE membership to my daily newsletter, Markets with Mando! TWO NEW YOUTUBE VIDEOS! Educational YouTube...
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Tanzania's Gold Rush: Central Bank To Buy Six Tonnes Of The Yellow Metal
Wednesday, September 27, 2023 - 3:51pm | 497The Bank of Tanzania has embarked on a new venture to enhance the nation's foreign exchange reserves by procuring gold using the Tanzanian shilling. This initiative, announced on Sep. 25, aims to amass a significant six tonnes of gold from local miners and dealers during 2023. As the...
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Stablecoins To Take Over The World In 5 Years?
Wednesday, August 9, 2023 - 3:06pm | 472The market for stablecoins, digital currencies anchored to assets like the U.S. dollar, is projected to surge from its current value of $125 billion to a staggering $2.8 trillion within the next half-decade, according to a study. A Bernstein report suggests that as these digital currencies...
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Cryptocurrencies Like Bitcoin And Ethereum Can't Shake The Risk Asset Tag: What's Holding Them Back
Saturday, December 31, 2022 - 5:52pm | 998When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...
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Euro And US Dollar Reach Parity: What It Means For Bitcoin And Other Cryptos
Monday, July 11, 2022 - 7:30pm | 326The Euro has reached parity with the U.S. dollar for the first time in 20 years. What Happened: Following macroeconomic fears of an impending recession, the Euro is now equal to the U.S. dollar. There is an array of implications this event has for the crypto sector. Having depreciated 10%...
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Bitcoin Flash Crashes To $8,000 On Binance.US
Thursday, October 21, 2021 - 1:30pm | 525Earlier today, Bitcoin (CRYPTO: BTC) flash crashed to $8,000 on Binance U.S., the American trading platform of the world's top crypto exchange Binance. What Happened: According to Binance U.S. market data, the Bitcoin to the U.S. dollar trading pair on Binance U.S. flash crashed...