Bitcoin will replace U.S. dollar dominance within a decade and become the standard currency underpinning the international economy, according to billionaire venture capitalist Tim Draper.

The carry trade is one of the most popular trading strategies in the currency market ... Carry traders, including the leading banks on Wall Street, will hold their positions for months if not ...

In other news from the Central Bank, data has revealed that the rupee value of Sri Lanka's 10 billion Chinese yuan swap facility with the People’s Bank of China (PBoC decreased by over 48 ...

A weakening of the dollar, however, won’t necessarily mean its reserve currency status is fading. “You could still see a weakness in the dollar just from sort of normal cyclical factors as ...

One potential flashpoint with Washington could be the use of the yuan in Gulf trade and Beijing’s currency swap agreements with those nations, according to Sun Degang, director of the Centre for ...

In a bid to provide more liquidity to the financial market in times of need, the Central Bank of Brazil (BC) and the People’s Bank of China (PBoC) on Tuesday (May 13) signed a currency swap ...

Brazil’s central bank announced it would be signing a 157 billion reais ($30 billion) five-year currency swap agreement with the People’s Bank of China. Gabriel Galipolo, the governor of the Central ...

The equity markets liked the retreat and Wall Street took off. The USD strengthened, probably in a way the American's don't want. The bond market sees more risks and increased its risk premium. Gold ...

With the monthly net inflow of Bitcoin spot ETF exceeding 9.8 billion US dollars, it marks the full embrace of crypto assets by traditional capital. However, in the market fluctuations dominated by ...

BRASILIA, May 12 (Reuters) - Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum outstanding value of 157 billion reais ($27.69 ...