Business
Australian dollar scales 15-month high on strong jobs data
The Australian dollar hit 15-month highs on Thursday as an apparent easing in US-European tensions soothed risk sentiment, while a strong…
Tag
Dollar
Business
Australian dollar climbs to highest since Oct 2024 on RBA bets
The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift…
Business
Gold edges lower as dollar climbs to near one-week high ahead of Fed verdict
Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market,…
Business
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US…
Business
Oil settles lower on stronger dollar, fears of oversupply
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the Opec+ decision to…
Business
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Politics
US dollar mixed as yen sell-off wanes, euro hit by French politics
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by…
Business
Euro, yen slide for third straight day versus US dollar
The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and…
Business
Indonesia's central bank wants rupiah to trade around 16,300 a dollar
The rupiah hit its weakest since August 1 of 16,500 a dollar during intraday trade on Monday Indonesia’s central bank has been guiding the…
Business
Gold hovers near record high on US rate-cut hopes, soft dollar
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
US dollar softness to relieve pressure on Asia’s foreign exchange defenders
The worst may be over for Asia’s central banks that have ramped up efforts defending local currencies after a resurgent US dollar and…
Business
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
News
US dollar strengthens against Singapore dollar, reverses broad weakening trend this year
The US dollar has climbed nearly 1.5 per cent in the past six days, reversing a downward trend that has persisted for much of this year.…
Politics
US dollar set for worst week this month as trade deadline nears
The US dollar is wrapping its worst week in July as US President Donald Trump amps up his calls for interest-rate cuts amid a looming…
Politics
Trump Says a Weak Dollar Is a Good Thing, Actually
A weak dollar is better than a strong dollar, according to Donald Trump. The dollar hasn’t fallen this fast since 1973. Over the last six…
Politics
Singapore dollar faces pressure from US tariffs, policy shift
The Singapore dollar is under renewed pressure as US trade challenges are primed to worsen and as speculation of exchange-rate policy…
Politics
Gold dips as US dollar firms, Trump’s Powell remarks ease market jitters
Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions after US…
Business
US dollar gains on yen after consumer price data
The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data…
Politics
US dollar steadies amid muted reaction to Trump’s 30% tariff threat to EU and Mexico
THE euro briefly hit a three-week low on Monday (Jul 14) before partially recovering, while the US dollar held steady in a muted reaction…
Business
US dollar has best week since February on tariff inflation risks
The US dollar turned in its best weekly performance in more than four months as US President Donald Trump’s latest tariff threats…
Business
As US stocks hit records, experts see the dollar falling further
While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency experts to warn…
Politics
US dollar slips as Trump considers naming next US Fed chair early
The US dollar dipped amid an increase of bets on US interest-rate cuts due to growing expectations that the next US Federal Reserve…