🔥❗️🌎#USD #fx #liquidity #banks #support
COORDINATED CENTRAL BANK ACTION TO ENHANCE THE PROVISION OF U.S. DOLLAR LIQUIDITY
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements.
COORDINATED CENTRAL BANK ACTION TO ENHANCE THE PROVISION OF U.S. DOLLAR LIQUIDITY
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements.
❗️🌎🇺🇸#USD #fx #liquidity #world #macro
BBG: foreign demand for the Fed's dollar repo (FIMA) = Record
*Federal Reserve established a repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility). By creating a backstop source of temporary dollar liquidity for FIMA account holders, the facility can help address pressures in global dollar funding markets that could otherwise affect financial market conditions in the United States. Its role as a liquidity backstop also helps to support the smooth functioning of financial markets more generally
BBG: foreign demand for the Fed's dollar repo (FIMA) = Record
*Federal Reserve established a repurchase agreement facility for foreign and international monetary authorities (FIMA Repo Facility). By creating a backstop source of temporary dollar liquidity for FIMA account holders, the facility can help address pressures in global dollar funding markets that could otherwise affect financial market conditions in the United States. Its role as a liquidity backstop also helps to support the smooth functioning of financial markets more generally
❗️🇨🇳🇧🇷#china #brazil #dedollarization
Brazil and China have reportedly struck a deal to ditch the US dollar in favor of their own currencies in trade transactions
#USD #fx
Brazil and China have reportedly struck a deal to ditch the US dollar in favor of their own currencies in trade transactions
#USD #fx
🇺🇸#dedollarization #sentiment #world #macro
Goldman: are we approaching the end of the dollar reserve currency system
#USD #fx
Goldman: are we approaching the end of the dollar reserve currency system
#USD #fx
✴️🇺🇸#dedollarization #USD #fx #crypto #us #macro #opinion
the real threat to the US dollar doesn't come from the new BRICS currencies, but from digital dollar-backed stablecoins and other tokenized cryptocurrencies. Crypto "dollars" won't collapse the global financial system, but they could disrupt the cozy greenback-based settlement system. A separate threat comes from Hong Kong-based cryptocurrency companies and exchanges with direct ties to the Chinese Communist Party (CCP), which has long sought to overthrow the US dollar.
#debt weakening of the dollar's dominance in global trade and finance will lead to an increase in the cost of funding the extensive US debt.
— FT
the real threat to the US dollar doesn't come from the new BRICS currencies, but from digital dollar-backed stablecoins and other tokenized cryptocurrencies. Crypto "dollars" won't collapse the global financial system, but they could disrupt the cozy greenback-based settlement system. A separate threat comes from Hong Kong-based cryptocurrency companies and exchanges with direct ties to the Chinese Communist Party (CCP), which has long sought to overthrow the US dollar.
#debt weakening of the dollar's dominance in global trade and finance will lead to an increase in the cost of funding the extensive US debt.
— FT
🇺🇸#stocks #fx #USD #inflation #us #macro #strategy
Compound: over the last 30 years, the purchasing power of the US consumer dollar has been cut in half due to inflation. At the same time, the S&P 500 has gained 793% (>7% per year) after adjusting for inflation
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earlier: over 200 years, US stock market has grown by a staggering 755,163-fold
Compound: over the last 30 years, the purchasing power of the US consumer dollar has been cut in half due to inflation. At the same time, the S&P 500 has gained 793% (>7% per year) after adjusting for inflation
————————
earlier: over 200 years, US stock market has grown by a staggering 755,163-fold