The Dollar Articles and Resources
Among all financial markets, the foreign exchange (forex) value of the dollar ranks as one of the most important. Not only is the dollar (USD) the official currency of the United States, but it also serves as the preferred reserve currency for the entire world economy.
Its role as a global reserve makes the U.S. dollar uniquely important for investors to keep track of. The strength or weakness of the dollar has significant implications for the price of gold, as well. Our commentary on the dollar and its impact globally is gathered together here.
What Happened to the $650 Billion in SDRs Issued in 2021?
A bazooka issuance of 456 billion new SDRs (~$650B) by the IMF in August 2021 “to boost global liquidity” has accomplished very little of what was intended.
Is the Russian Ruble Linked to Gold?
In the fog of war the first causality is the truth, and this time it’s no different with the rumor that the central bank of Russia has linked the ruble to gold.