Understanding De-Dollarization
De-dollarization is a multifaceted phenomenon characterized by a decrease in the use of the USD as a medium of exchange, unit of account, and store of value in international transactions
De-dollarization is a multifaceted phenomenon characterized by a decrease in the use of the USD as a medium of exchange, unit of account, and store of value in international transactions
The PCE Price Index is published by the Bureau of Economic Analysis (BEA) on a monthly basis and is considered one of the Federal Reserve’s preferred inflation gauges
Forex traders closely monitor the US PCE Prices Final report as it plays a significant role in shaping market expectations and influencing trading decisions
Changes in US interest rates can influence the flow of capital, as higher interest rates tend to attract foreign investors seeking higher returns
The US FOMC economic projections are released by the Federal Reserve, providing insights into the committee’s expectations for the future performance of the US economy
US Building Permits Preliminary Data refers to the statistics gathered and released by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development
The US Michigan Consumer Sentiment Preliminary report, also known as the University of Michigan Consumer Sentiment Index, measures the level of confidence and optimism that consumers have about the overall state of the economy
The US Michigan 5-Year Inflation Expectations Preliminary is just one piece of the puzzle when it comes to assessing inflation expectations
The US Michigan Consumer Expectations Preliminary report is part of the broader University of Michigan Consumer Sentiment Index, which measures consumer confidence and expectations regarding the overall state of the economy
The US Michigan Current Conditions Preliminary is released monthly and is based on a survey conducted by the University of Michigan’s Survey Research Center