The dollar sank 0.31% against the euro to $1.16 and tumbled 0.32% against the yen to 157.58. Meanwhile, gold rose 1.95% to a ...

One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce ...

The dollar is the global reserve currency. This has long been called the “exorbitant privilege”. It’s considered a huge advantage for the U.S. that the dollar holds this status – or so the story goes.

For decades, dollars have been the world's common financial language — the "reserve currency." When financial markets tank, people have rushed toward the dollar for safety. It might be changing. For ...

Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times. President Donald Trump’s mission to ...

A global reserve currency is one that is extensively held by foreign Central Banks. Since the 1944 Bretton Woods agreement this position has been occupied by the US dollar and it still holds true – ...

Bitcoin isn't an asset held by most central banks. It still has a handful of the properties that are common to reserve currencies. Therefore, it's likely that it will eventually be regarded as a ...

Another influential left-wing news organization opined this week that the United States dollar is losing its global reserve currency status. The piece argued that the European Monetary Union will ...

Learn how sudden currency devaluation impacts economies, discover historical crises, and explore how central banks can ...