Renowned investor and author Robert Kiyosaki has issued a stark warning that the United States dollar could be heading toward the same fate as past failed reserve currencies, driven by the growing economic influence of BRICS nations. According to Kiyosaki, shifts in global trade, debt levels, and alternative settlement systems…
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BRICS Gold Dominance Challenges US Dollar’s Global Influence
BRICS nations are quietly reshaping the global financial landscape by strengthening their grip on gold reserves and reducing long-term dependence on the US dollar. While official data shows BRICS members holding around 20% of global gold reserves, the bloc and its closely aligned partners now account for nearly 50% of…
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Gold’s Appeal Grows with Fed Rate Cut Hopes and Dollar Softness
Gold prices edged higher on Friday, supported by a softer U.S. dollar and rising market expectations that the Federal Reserve will cut interest rates again before the year ends. The move reinforced gold’s traditional status as a safe-haven asset amid economic uncertainty. At 13:15 GMT, spot gold climbed 0.5% to…
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EUR/USD Holds Above 1.1600 Despite French Political Turmoil
London, October 13, 2025: The EUR/USD pair traded with mild losses around 1.1620 in early European hours on Monday, maintaining a cautiously bullish tone above the key 1.1600 level. Market sentiment remains shaped by hopes of progress in the US–China trade dialogue and growing political uncertainty in France, both influencing…