BRICS will push through de-dollarization regardless of Trump’s win

Source Cryptopolitan

BRICS reacted to the US 2024 presidential election results. The alliance signals the continuation of de-dollarization despite Trump being in the White House.

The President of the Brazilian analytical agency CMA, Jose Juan Saches shares that BRICS has no intentions of changing its direction after Trump takes over in January 2025.

He said in response to an inquiry about the BRICS future;

We can approach this issue from two perspectives: economics and politics. From an economic standpoint, the development of which depends solely on the global market situation, there will be no issues”

On the other hand, Putin said he no longer aimed to dethrone the US dollar after Trump made a comeback as President of the United States.

 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
JOLTS Job Openings expected to decline slightly in AugustMarkets expect Job Openings in August to decline slightly to 7.1 million compared to the previous month's reading of 7.181 million.
Author  FXStreet
Sep 30, Tue
Markets expect Job Openings in August to decline slightly to 7.1 million compared to the previous month's reading of 7.181 million.
placeholder
Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe struggle to gain tractionMeme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) remain muted as the broader cryptocurrency market recovers.
Author  FXStreet
Sep 30, Tue
Meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) remain muted as the broader cryptocurrency market recovers.
placeholder
What to expect from Ethereum in October 2025With broader sentiment worsening, user demand falling across the Ethereum network, and institutional investors pulling back, the coin faces mounting headwinds in October.
Author  Beincrypto
Sep 30, Tue
With broader sentiment worsening, user demand falling across the Ethereum network, and institutional investors pulling back, the coin faces mounting headwinds in October.
placeholder
Forex Today: US politics, data releases to lift volatility as Q3 endsThe US Dollar (USD) stays on the back foot early Tuesday as investors grow increasingly concerned about a possible government shutdown, which could cause a delay in data releases later in the week.
Author  FXStreet
Sep 30, Tue
The US Dollar (USD) stays on the back foot early Tuesday as investors grow increasingly concerned about a possible government shutdown, which could cause a delay in data releases later in the week.
placeholder
US Dollar Index remains below 98.00 due to looming government shutdownThe US Dollar Index (DXY) is remaining subdued for the third successive session and trading around 97.90 during the Asian hours on Tuesday.
Author  FXStreet
Sep 30, Tue
The US Dollar Index (DXY) is remaining subdued for the third successive session and trading around 97.90 during the Asian hours on Tuesday.
goTop
quote