dollar

The Bank of Israel set the representative shekel-dollar rate down 0.248% from Monday, at NIS 3.627/$.

Indian businesses remain cautious about BRICS’ shared currency plans, citing risks to global trade ties, reliance on the US dollar, and concerns over China’s influence within the bloc.

Costa shared his bullish outlook for precious metals, particularly gold and silver. He believes that the US dollar is overvalued and that it is poised for a significant decline.

UBS is bullish on gold in 2025, citing lower interest rates, geopolitical risks, and a strong dollar as potential drivers of investor and central bank buying.

President-elect suggests 100% tariffs for any country seeking to undermine the U.S. dollar

In his campaign, Trump promised he would make it costly for countries to move away from the US dollar, and has threatened to use tariffs to ensure they complied.

Costa believes that a potential global monetary reset, coupled with a weakening US dollar and rising inflation, could significantly boost the value of these precious metals

Trump 2.0 may shift the U.S. to manufacturing, weaken the dollar, embrace protectionism, and rely on gold as trust in bonds erodes, reshaping global trade and economic priorities.

Strategist says gold’s weakened performance could be traders participating in ‘crypto frenzy’ since Trump’s election