dollar

Fed Governor: CBDC Not Crucial to Supremacy of Dollar
Fed Governor: CBDC Not Crucial to Supremacy of Dollar
October 14, 2022  |  Cryptocurrency

The creation of a central bank digital currency (CBDC) in America is probably not that crucial to ensuring the supremacy of the U.S. dollar, Federal...

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Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
September 23, 2019  |  Cryptocurrency

Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore...

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World Central Bankers Discuss Global Crypto Alternative
World Central Bankers Discuss Global Crypto Alternative
August 25, 2019  |  Cryptocurrency

The 2019 Kansas City Federal Reserve’s annual symposium gathered the top monetary policymakers worldwide to kick around ideas to topple the dollar’s power, Bloomberg reported...

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Trump Speaks Out Against Crypto, Calls It ‘Based On Thin Air’
Trump Speaks Out Against Crypto, Calls It ‘Based On Thin Air’
July 12, 2019  |  Cryptocurrency

President Trump took to Twitter on Thursday night (July 11) to talk about cryptocurrency and Facebook’s Libra, according to a report by CNBC. “I am...

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Mastercard Teams With Hertz To Allow Rentals With Debit Cards In Europe
Mastercard Teams With Hertz To Allow Rentals With Debit Cards In Europe
July 11, 2019  |  Mastercard

To offer customers greater choice and convenience in time for the summer holiday season, Hertz, Dollar and Thrifty are welcoming debit cards at selected European...

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China Regulator Warns Of Losses For Those Betting Against Yuan
China Regulator Warns Of Losses For Those Betting Against Yuan
May 26, 2019  |  International

China’s banking and insurance regulator has warned that short sellers shouldn’t bet against the yuan, despite the fact that the currency has lost more than...

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Swedish Krona Continues To Fall Amid Other Currency Upheavals
Swedish Krona Continues To Fall Amid Other Currency Upheavals
August 29, 2018  |  International

The currency decline continues: The Swedish krona fell Wednesday (Aug. 29) against the euro, the fifth straight day that has happened. The decline comes amid...

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Strong Dollar, Trump Immigration Policies Hurting US Travel Industry
Strong Dollar, Trump Immigration Policies Hurting US Travel Industry
March 21, 2017  |  Post-Election

The U.S. leisure and business travel sector is number one in the world, but President Trump’s immigration policies and a strong dollar is threatening to...

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Markets Slip In Wake Of Trump Immigration Policies
Markets Slip In Wake Of Trump Immigration Policies
January 30, 2017  |  Markets

Live by the Trump rally, die by the Trump rally. That may be a draconian statement to make about stocks and currencies that climbed in...

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