Latest policy stance signals a strategic shift in energy trade dynamics: future oil transactions are expected to be priced in USD rather than alternative currencies. This move reinforces dollar dominance in global commodity markets and carries significant implications for currency valuations and cross-asset correlations, particularly for reserve currencies and their purchasing power in international commerce.
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ForkPrince
· 01-17 15:52
Is the US dollar about to monopolize energy pricing again? To put it nicely, it's a "strategic shift," but honestly, it's just continuing to suppress us. When will the RMB turn things around?
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CoffeeOnChain
· 01-17 15:43
The US dollar is flexing its muscles again... It really can't do without it.
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MetaverseVagrant
· 01-17 15:43
The US dollar is about to start bleeding again, this time targeting energy trading... It's been obvious for a long time, the switch to USD for oil settlement is just a smokescreen.
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TokenomicsTinfoilHat
· 01-17 15:40
The US dollar is about to start bleeding again, with all energy trades settled in USD? This makes it even harder for other currencies to make a comeback...
Latest policy stance signals a strategic shift in energy trade dynamics: future oil transactions are expected to be priced in USD rather than alternative currencies. This move reinforces dollar dominance in global commodity markets and carries significant implications for currency valuations and cross-asset correlations, particularly for reserve currencies and their purchasing power in international commerce.