The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...

The euro is the "only real alternative currency for the moment to make a significant change in the level of reserves," said ...

Welsh Para-canoeist Laura Sugar has added the KL3 European title to her Olympic and World Championship crowns. The ...

Asian and US stocks showed mixed moves recently, while oil and gold edged up slightly due to the weakening dollar. At the ...

UBS Asset Management’s Castelli said he was receiving many more questions about the euro, estimating the euro could recover to a 25% share of reserves by the end of the 2020s.

In currencies, the euro and yuan stand to benefit the most from a diversification away from the dollar. A net 16% of central banks surveyed by OMFIF said they plan to increase euro holdings over ...

LONDON - The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and ...

You see, the dollar’s share in forex reserves is shrinking. Yet it is 46% of the total reserves. Gold reserves, on the other hand, just hit the 20% mark, leaving the Euro behind at 16%.

LONDON — The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China’s yuan as the splintering of world trade and ...