GBP/USD advanced as US Dollar weakened amid lower US yields.

GBP/USD moves little around 1.2550 ahead of US Retail Sales data GBP/USD remains steady around 1.2560 during the Asian hours on Friday following gains in the previous session. The pair appreciated as US President Donald Trump delayed the implementation of reciprocal tariffs. Additionally, the US Dollar (USD) weakens amid falling US yields across the curve, despite ongoing concerns about a global trade war. The…

Rupee’s Dance: Navigating Global Currency Challenges

Nirmala Sitharaman, India's Finance Minister, highlighted the depreciation of the rupee against the US dollar on Thursday, a trend shared with other Asian currencies due to global economic uncertainties.Speaking during the Union Budget 2025-26 debate in the Rajya Sabha, Sitharaman noted that overvalued currencies hurt national competitiveness, making exports costly and necessitating support for domestic firms.The finance minister assured…

Fed Governor Waller Backs Stablecoins for Dollar Growth

Federal Reserve Governor Christopher Waller has emphasized that stablecoins have the potential to “maintain and extend” the US dollar’s international role. He joins a growing list of crypto executives who have expressed optimism about stablecoin’s potential to drive a financial market boom. Stablecoins’ Rising Market Capitalization At a conference in San Francisco, Waller highlighted the need for a comprehensive US…

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Introducing the American Federation Dollar (AFD): A Gold-Backed Digital Currency Transforming Global Finance

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