#US Dollar
Total 5 articles
China's offshore yuan has strengthened below the key 7.0 per U.S. dollar level for the first time in 15 months, signaling a shift in market sentiment and capital flows.
The U.S. dollar index is near a 3-month low, sending gold and copper to record highs. But Bitcoin isn't following, raising questions about its safe-haven narrative amidst diverging central bank policies.
Analysis shows China's yuan is gaining significant ground as a trade settlement currency amid geopolitical shifts, but its role in global finance, investment, and reserves remains minimal.
As the US dollar's dominance wanes and the world splits into US- and China-led blocs, a new analysis suggests that energy and water resources, crucial for the AI economy, will become the new arbiters of global power.
China's e-CNY is more than a digital currency; it's a geopolitical tool designed to challenge the SWIFT system and give Beijing unprecedented economic control.