If the US currency continues to slide with cuts in interest rates, countries will be forced to take action
Stocks, bonds and currencies have all soared as dollar weakness puts focus on fundamentals
Is the world finally moving away from the greenback?
If you want to see how entrenched the US currency is in the global system, look at the foreign exchange swap market
Plus, the falling dollar
Governors Christopher Waller and Stephen Miran dissented against the decision, calling for a reduction
Greenback rebounds after Treasury secretary rejects speculation that Washington is intervening to boost yen
Chomp chomp chomp
Metal has gained more than 20% this year amid geopolitical volatility and questions over US currency
Gold surges to further record high as worries over US currency mount
Weakness in Japan, South Korea and Taiwan come despite US currency’s decline against G7 counterparts and narrowing interest rate gap
Japanese currency climbs sharply on speculation of joint US-Japan market intervention, adding to pressure on greenback
Precious metal closes in on $5,000 and silver tops $100 as Trump’s shortlived tariffs threat sparks rush to safe havens
Japanese currency rises most since August after New York Fed queries market participants on price levels
Euro and sterling gain against US currency despite potential economic damage from new American tariffs
NIIPing an outlandish idea in the bud
The legal action against Jay Powell and the central bank is a serious threat to the position of the US currency
Analysts say Federal Reserve rate cuts will push the US currency lower in 2026
Central bank president signals second consecutive upgrade for Eurozone economy
Better than expected activity adds to dollar weakness to send the pound to its highest level since October
Chief executive Dilhan Pillay says fall in greenback a ‘big issue’ for overseas investors
Shops face the question of whether to round up or down as the last one cent coin enters circulation
Plus miraculous memory makers
Investor expectations of US currency swings have fallen to lowest since before last year’s presidential election
Treasury secretary Scott Bessent is taking a big gamble with his $20bn swap line to prop up a Trump ally