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Morgan Stanley has issued a stark warning about the US dollar, predicting a significant drop that could push the currency to levels not seen since the pandemic. The investment bank’s strategists have spearheaded Analysis forecasting a 9% decline in the US Dollar Index over the next 12 months, which would bring it down to around 91. Anticipated Federal Reserve rate cuts of 175 basis points are accelerating this potential dollar crash, and it’s already creating substantial market volatility across various major global financial markets. Also Read: De-Dollarization Changes Trade Rules: 40+ Countries Ditch US Dollar Dollar Crash Driven by Aggressive Fed Policy Source: FT montage / Bloomberg Fed Rate Cuts Trigger Currency Decline Right now, the US Dollar Index has already taken quite a hit, and it’s fallen more than 10% from its mid-January highs of nearly 110. Those peaks came right around President Donald Trump’s inauguration, and since then, Morgan Stanley believ...

The days of the US dollar are numbered, per Tim Draper, a renowned venture capital investor and a billionaire. Draper, in his latest interview, predicted the demise of the US dollar, stating that the future may not favor the currency well. As the world economy consistently pivots towards a multipolar currency world, here’s how the US dollar may continue to fall, overpowered by newer assets with solid backing and strategic plans. Also Read: Bitcoin: Standard Chartered Says US Dollar Fall May Fuel New BTC Rally Draper Warns of US Dollar Demise Source: Watcher Guru Draper, in his recent interview, shared how the US dollar is heading for its demise, overpowered by forces like Bitcoin and digital assets that are here to stay for the long haul. Draper later predicted BTC’s price for the year-end, adding that the asset has the potential to hit $250K by the end of 2025. “The price of Bitcoin, I did say, will be $250,000 by the end of the year. But you go out ten years, and the answer is i...

BRICS members India and Indonesia have officially agreed to abandon the US dollar and settle cross-border transactions in local currencies. The decision to use local currencies for trade comes even after Trump threatened to levy 100% tariffs on goods entering the US. Indonesia intended to promote its national currency for bilateral trade and India has accepted the new economic policy. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: BRICS: 40 Countries Look To Ditch the US Dollar Cross-border transactions between BRICS members India and Indonesia will soon be settled in local currencies and not the US dollar. The developing countries aim to deepen their financial integration and promote trade in national currencies to strengthen their GPDs. Trump is yet to react to the new policy where the US dollar is being sidelined and local currencies are taking center stage. Also Read: De-Dollarization: 2 Countries Settle 80% of Trade ...

2025 is just a day away, with a new dawn already promising a variety of new developments. 2025 is pivotal to the US government in many ways, as it marks the initiation of Trump’s official leadership as the 47th US president. The president-elect is currently banking on bolstering the US dollar by imposing tariffs, an idea which, according to many, could further erode the dollar’s value in the long haul. Will de-dollarization prevail in 2025, or will it die down eventually? Let’s find out. Also Read: Ripple: Here Are The 4 Price Targets That XRP Could Hit In 2025 Tariffs and Trump: A Lethal Combination? Source: Watcher Guru Trump has vowed to impose tariffs on countries that have been moving away from the US dollar. The fact that the rising de-dollarization drives have lately been wreaking havoc on the dollar has compelled Trump to ensure a plan is safely in place to protect the USD. However, several analysts believe Trump’s tariff plan may ultimately backfire, furthering the ...

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token . Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future.  Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptos to explode among upcoming crypto projects. With that in mind, investors should explore the potentia...

Digital assets are increasingly becoming part of daily financial operations, with countries like El Salvador approving Bitcoin as a legal tender. Meanwhile, the crypto market experienced an influx of coins after the meme coin mania, which saw several coins launched on the Ethereum and Solona networks. In light of this, early investors printed gains from the meme coin rally in Q1 2024. With this in mind, market participants are searching for new crypto currency releases, listings, & presales today .  New Cryptocurrency Releases, Listings, and Presales Today Gamia is a multifaceted play-to-earn gaming platform leveraging blockchain technology to deliver various games spanning strategy, adventure, puzzles, and sports. The MOST Global Ecosystem strives to connect cutting-edge financial technologies with mainstream users, offering an inclusive and educational hub for decentralized finance (DeFi).  Concurrently, Dogeverse has captured notable interest, demonstrated by its p...

Join Our Telegram channel to stay up to date on breaking news coverage Former US President and 2024 Republican frontrunner, Donald Trump, holds up to $500k worth of Ethereum despite having been openly skeptical about digital assets in the past. His crypto holdings were revealed in a filing submitted to the Office of Government Ethics , which includes a listing of assets and other sources of income belonging to the former president. The document indicates that Trump has a “crypto currency wallet (Ethereum)” whose value is between $250,000 and $500,000. The crypto currency wallet in reference is probably related to the former president’s non-fungible token (NFT) collection, which was launched in December 2022. Financial records show that former U.S. President Donald Trump holds an estimated 250,000 to 500,000 worth of crypto wallet(Ethereum). Trump has previously publicly criticized cryptocurrencies but also released NFT collection cards, from which he...

BRICS countries are promoting their native currency before launching a new tender in August 2023. The next BRICS summit will be held in South Africa and the BRICS nations Brazil, Russia, India, China, and South Africa will launch a new currency to settle international trade. The nations aim to remove the U.S. dollar from its global reserve status and overthrow the existing financial order. China is making use of the timeline by asking other developing nations to settle trade using the Chinese Yuan. In Q1 2023, the Chinese Yuan was the most traded currency in Russia overtaking the U.S. dollar. In addition, France settled an LNG gas trade with China by paying in the Chinese Yuan, ending the reliance on the dollar. Also Read: 5 Arab Nations Ready To Join BRICS Alliance JUST IN: China and France complete first LNG gas trade using Chinese Yuan, ending reliance on the US dollar for energy trades. — Watcher.Guru (@WatcherGuru) March 29, 2023 On the other hand, India has ask...

Join Our Telegram channel to stay up to date on breaking news coverage After FTX’s bankruptcy, the long crypto winter appears to be getting longer, but here are a few projects with high upside potential for early investors in 2023. Many are looking to build diverse and effective portfolios in the crypto currency and blockchain space. Perhaps you’re looking for some great coins that could finally do something good for the future. In this article, we will highlight some tokens that could do really well in 2023. currency to Buy 2023 with Most Potential🚀" width="640" height="360" src="https://www.youtube.com/embed/5Rs5yNFOyjI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen> FightOut FightOut is a new emerging move-2-earn fitness app. The company also operates a network of gyms, but it aims to make living a healthy...