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Showing posts with the label financial markets

US Dollar Became America's Biggest Liability: 88% Rule at Risk

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The US dollar liability has become America’s most critical threat as the currency’s dominance in roughly 88% of global foreign exchange transactions faces unprecedented challenges right now. At the time of writing, de-dollarization efforts, Trump tariffs backfiring, and eroding global dollar dominance are transforming America’s greatest asset into its biggest weakness. Also Read: FIFA Signs Partnership With Avalanche (AVAX) to Build Its Own Blockchain How De-Dollarization, Tariffs, And Global Shifts Threaten Stability Source: Watcher Guru The US dollar liability crisis stems from Trump’s aggressive tariff strategy that was meant to protect dollar dominance but has accelerated the very process it aimed to prevent. At the time of writing, financial markets are experiencing what Deutsche Bank calls unprecedented dysfunction, and analysts are genuinely concerned about what this means for America’s economic future. George Saravelos from Deutsche Bank was clear a...

IMF says the correlation between Bitcoin and Asian equity markets has increased

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Before the COVID-19 pandemic, the correlation between Bitcoin, Ether, and financial markets was generally low. However, after the pandemic, crypto assets have performed in a manner that reflects the performance of the traditional finance system. The International Monetary Fund (IMF) has noted this correlation, saying that Asian countries were adopting digital assets, showing the growing need for regulation. Growing crypto adoption in Asia According to the IMF, digitizing the payment system could foster the environmental-friendliness of the sector and support financial inclusion. However, there was the potential risk of financial instability following the integration of crypto assets within Asia’s financial system . Investors in Asia have been accumulating crypto in a trend that reflects the broader cryptocurrency market. According to the IMF, the correlation between the performance of the equity markets in Asia and cryptocurrency assets has grown significantly since the...