Language : English

Saudi

2024-06-27 | Market Dive

Petrodollar Deal Expired: Will the Dollar Lose its Grip?

<p>Recently, the term “petrodollar” has frequently surfaced in economic discussions and news headlines, sparking considerable controversy over its outlook. This surge in interest comes amidst emerging rumors that suggests Saudi Arabia may end its 50-year Petrodollar agreement with the U.S. to price oil exclusively in U.S. dollars. <br /> Currently, there are sources left and right claiming that this deal is fake news or true news. The main argument is on an agreement between Saudi and U.S. signed in June of 1974. We will be covering what exactly is the petrodollar and continue to talk about the two sides of the story, then bring out the outlook of the petrodollar matter.</p>

Petrodollar Deal Expired: Will the Dollar Lose its Grip?

2024-06-27 | Market Dive

High Risk Trading Products Risk DisclosureBrand and Entity NoticeClient Notice

Securities, Futures, CFDs and other financial products involve high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding your initial investment could incur within a short period of time.

Past performance of an investment is not an indication of its performance in the future. Please read the compliance documents available on our website.

Please make sure you fully understand the risks of trading with the respective financial instrument before engaging in any transactions with us. You should seek independent professional advice if you do not understand the risks explained herein.

We have a variety of regulated and licensed entities in different jurisdictions to provide relevant financial services. You can choose to establish business relationships with any of our entities. Please bear in mind that the entity chosen meant that your trading accounts, trading activities and funds shall be governed and regulated by its respective regulatory authority only.

D Prime Vanuatu Limited

It is a company with the registered office address at The Cyberati Lounge, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebene, Republic of Mauritius and the company registration number is 172054.

It is a company with the registered office address at Govant Building, Po Box 1276, Port Vila, Vanuatu and the company registration number is 700238.

We do not offer our services to individuals or companies of certain jurisdictions, including but not limited to Afghanistan, Bosnia and Herzegovina, Burundi, Canada, Central African Republic, Chad, Congo (Brazzaville), Congo (Kinshasa), Cuba, Cyprus, Equatorial Guinea, Eritrea, Ethiopia, Guinea, Guinea-Bissau, Guyana, Haiti, Hong Kong, Indonesia, Iran, Iraq, Israel, Lebanon, Liberia, Libya, Malaysia, Mali, Nicaragua, North Korea, Russia, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Tajikistan, Trinidad and Tobago, Tunisia, Turkmenistan, United Arab Emirates, United States, Venezuela, Yemen, Zimbabwe. The information and services on our website are not applicable and shall not be provided to country or jurisdiction where such distribution of information and services are contrary to the respective local statutes and regulations. Visitors from the above regions should confirm whether your decision to invest in our services is in accordance with the statutes and regulations in your country or jurisdiction before you use our services. We reserve our rights to vary, amend or discontinue our products and services at any time.

Doo Solutions Cyprus Ltd (HE 454169), a Cyprus-incorporated company, facilitates certain administrative and payment-related functions on behalf of D Prime Vanuatu Limited (700238). Doo Solutions Cyprus Ltd does not offer or provide any financial, investment, or payment services regulated under Cyprus or EU law.

Any trading symbols displayed herein are for illustrative purposes only and shall not constitute any advice or recommendation by us. Any comments, statements, data, information, material or third party material (“Material”) provided on this website are for reference purposes only. The Material is used solely for the purposes of marketing communication and does not contain, and shall not be construed as investment advice and/or an investment recommendation for any transactions. While we took all reasonable efforts to ensure the accuracy and completeness of the information, we make no representations and warranties to the Material and shall not be liable for any loss, including but not limited to loss of profit, direct or indirect loss or damages for any inaccuracies and incompleteness from the information provided. You shall only use the Material for personal use and shall not reproduce, copy, redistribute and/or license the Material without our consent.

We use cookies on our websites to customize the information and experience displayed on our website according to your preferences. By accessing this website, you acknowledge that you have read and agreed to the details above and agreed to our use of cookies.

We strictly comply with all applicable laws and regulations in jurisdictions. It is your responsibility to determine and ensure that your investment meets your requirements. You undertake to bear all the consequences of your investment and trading activities.