US Dollar

The printing press is considered to be one of the greatest inventions of all time. It kickstarted a revolution and transformed the way ideas are communicated across the globe. Here’s a fun stat about the printing press as it relates to Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk, the world’...

The Taiwan dollar fell below the psychological mark of 30 per dollar for the first time since June 2020 led by geopolitical risks and weaker economic growth. Sentiments turned sour ahead of U.S. House Speaker Nancy Pelosi’s potential visit to the island and with manufacturing activity being...

Stablecoins have dominated the headlines in the world of cryptocurrency this week with the crash of several coins. The downward moves and negative connotations building for stablecoins could spell trouble for a SPAC deal that involves a leading stablecoin company. What Happened: A SPAC deal ...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk appears to be having a laugh at the expense of the greenback while 'hodling' his Dogecoin (CRYPTO: DOGE), Bitcoin (CRYPTO: BTC), and Ethereum (CRYPTO: ETH). What Happened: In a series of tweets on Sunday, the entrepreneur clarified his stance on...

Major coins traded lower on Monday evening as the global cryptocurrency market capitalization decreased 2.5% to $2.54 trillion. What Happened: Bitcoin (CRYPTO: BTC) fell 3.1% to $56,419.92 over 24 hours. It has declined 10.28% over a seven-day period. Ethereum (CRYPTO: ETH) was down 2.5% at $4,122....

This week has some relief from the break-neck, fast paced, rapid fire release of economic data and earnings we’ve seen the last few weeks; let’s take a market minute to get ahead of what some movers. In terms of economic data this week, traders and investors will be keeping an eye on...

Most Salvadorans oppose the government's decision to make Bitcoin (CRYPTO: BTC) a legal tender in the country alongside the United States dollar. What Happened: According to a Reuters report, a poll by the local university Central American University showed that at least 67....

Donald Trump, the 45th president of the U.S., hasn’t changed his outlook towards cryptocurrencies as an asset class. What Happened: In an interview with Fox Business on Tuesday, Trump said he had not dabbled in Bitcoin (CRYPTO: BTC) and other cryptocurrencies because he prefers the U.S....

The overall crypto market cap dropped by 2.47% to $2.02 trillion over the past seven days as Bitcoin (CRYPTO: BTC) failed to find support above $50,000. What Happened: Even as several altcoins experienced steep corrections, on-chain analytics platform Santiment noted that Ethereum (CRYPTO: ETH) was...

US-based cryptocurrency exchange Coinbase Inc. (NASDAQ: COIN) admitted that USD Coin (CRYPTO: USDC) — a stablecoin that it launched in collaboration with fintech firm Circle — is not fully backed by the United States dollar. What Happened: Following Circle...

Cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) are alive and kicking despite what naysayers might say, while the U.S. dollar is on its way out, according to the author of "Rich Dad, Poor Dad" Robert Kiyosaki. What Happened: In...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. USD/JPY Current price: 109.76 US President Joe Biden said to announce a $6 trillion budget. Higher government bond yields and...

The GameStop Corp. (NYSE: GME) short squeeze story — which has held its own in headlines, though without any real impact on the market — has recently been put aside. However, on some US financial websites, another short squeeze has come to the fore — the US dollar. Bearish Stances...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1861, the U.S. Government issued the first U.S. dollar bills. Where The Market Was: The U.S. dollar predates the Dow Jones Industrial Average and the S&P...

On CNBC's "Fast Money Halftime Report," Scott Nations said that we are in the situation of the U.S. dollar versus zero interest rates policy and the U.S. dollar is going to lose. He also doesn't expect any safe haven buying of the dollar. Nations wants to take a short position in...