The BRICS alliance is a bloc of nine countries that in recent years looked to reduce dependence on the U.S. dollar.
South Africa's rand fell on Monday after comments by U.S. President-elect Donald Trump over the weekend worried traders in the BRICS bloc of emerging economies and raised questions about what his ...
President-elect Donald Trump on Saturday warned members of the bloc against any attempt to supplant the dollar.
President-elect Donald Trump railed on social media over the weekend against a group of emerging economies for their attempts ...
Gold and silver prices fell on Monday, pressured by a rising dollar and higher Treasury yields. Gold for February delivery fell $14, or 0.5%, to $2,667.10 an ounce, while silver prices dropped ...
Gold prices lost their shine on a strong US dollar, hitting a high of $2,666 on Friday but currently trading around $2,635.
Trump's comments on social media Saturday "point to dollar strength being a theme of the new administration," Deutsche Bank said, in contrast to Trump's first term as president when he encouraged a ...
US President-elect Donald Trump has warned BRICS countries of severe tariffs if they move away from the US dollar. Trump's ...
Bond yields rose on Monday as a new tariff threat from President-elect Donald Trump reignited worries over inflation. -- The yield on the 2-year Treasury BX:TMUBMUSD02Y was 4.20%, up 3.9 basis points.
The US can't reduce its trade deficit and increase the global dominance of the dollar at the same time, said an economist.
Gold prices fell sharply on Monday, snapping a three-consecutive days of gains, as the dollar rose against a basket of major ...
U.S. stock futures were pointing to small losses on the first trading day of December. After a strong November, talk of ...