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Armstrong joins critics warning that U.S. fiscal policy could accelerate global de-dollarization and boost Bitcoin’s appeal.
A weaker U.S. dollar means American companies can sell their goods at more competitive prices overseas. But it also threatens that reserve currency status.
Arguments about the euro's reserve status often centre on whether it could replace the dollar as the dominant world currency.
The euro rose to a six-week high against the dollar and MUFG said any comments by Christine Lagarde on the euro in the context of its future reserve currency status would be watched closely at ...
The on-again, off-again threat of tariffs and unpredictable behavior is placing the greenback at its greatest risk since the ...
The chief executive of financial services titan JPMorgan is issuing a warning about the US dollar, saying that it may fail as ...
The US dollar is already showing weakness as the global reserve currency, DNB’s executive vice president Harald Serck-Hanssen ...
Taiwan's central bank said on Sunday that U.S. government debt is "sound" and still favoured by investors, and there are no ...
Realistically, global use of the euro will have to increase massively for it to replace the dollar anytime soon, but it seems ...
Yesterday ECB President Christine Lagarde gave a speech in Berlin. It was about how the euro could possibly replace the dollar as the dominant global currency in the future. The speech is worth ...
Eric Levitz is a senior correspondent at Vox. He covers a wide range of political and policy issues with a special focus on questions that internally divide the American left and right. Before ...