Politics
As the greenback dives, one of Asia-Pacific’s top-performing currencies is trouncing the Singdollar
The Australian dollar surged to its strongest position against the greenback in over two years The US dollar skidded to a four-year low on…
Tag
greenback
Business
Central banks are ditching the greenback: What’s in favour instead?
Central banks hold a variety of assets, each serving a specific purpose tied to their mandate of maintaining monetary and financial…
News
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the…
News
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the…
Business
Greenback slides as Fed independence under threat from Trump
The US dollar tumbled on Monday (Apr 21) as investor confidence in the US economy took another hit over President Donald Trump’s plans to…
Business
Greenback under pressure, safe havens outperform
THE US dollar resumed its descent on Wednesday (Apr 16), dropping across the board and losing the most ground to the Swiss franc and the…
Business
US asset sell-off hammers greenback against safe-haven currencies, euro
THE US dollar dropped versus safe-haven currencies and the euro on Wednesday (Apr 9) as investors worried about the economic impact of US…
Business
Greenback falls as prospect of tariff talks calms global markets
THE US dollar fell on Tuesday (Apr 8) while the euro perked up as stocks bounced in Asia and Europe on hopes that US President Donald…
Business
Greenback recovers as markets in consolidation mode; pares gains after data
The US dollar rose against a broad range of currencies on Friday (Feb 21) including the euro, sterling and those tied to commodities such…
Business
Greenback rises on mixed jobs report and trade war threat
THE US dollar rose in choppy trading on Friday (Feb 7) after data showed that US job growth slowed in January but that the unemployment…
Business
Greenback firms as strong jobs data support Fed easing pause
THE US dollar rallied on Friday (Jan 10) after data showed that the world’s largest economy created more jobs than expected last month,…
Business
Billions of dollars, bold action: Emerging markets battle a surging greenback
From Brazil to South Korea, emerging-market central banks are forming a line of defence as a rising US dollar pushes their currencies to…