Business
Gold prices dip on firmer US dollar
Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as…
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Dollar
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Asian stocks at record high, US jobs data buoys yields, dollar
Inflation data is due on Friday and will be the next test for market views on interest rate cuts Asian stocks rose to a record high on…
Business
Gold, silver dip as dollar rises after strong US jobs data
Gold and silver fell on Thursday (Feb 12) as the US dollar firmed after stronger-than-expected January jobs data dented expectation for…
Business
Gold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Gold and silver extended losses on…
Business
Hong Kong dollar slips as loose liquidity revs up carry trades
The one-month rate in the interbank market has dropped to the lowest since November The Hong Kong dollar drifted down to near the weakest…
Business
Gold falls 1.5% on firm US dollar, silver recovers from over three-week low
Gold extended falls on Monday (Feb 2), pressured by a firm US dollar, as investors gauged US President Donald Trump’s Fed chair pick Kevin…
Business
Gold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January — Gold prices rose above US$5,300 per…
Business
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
Amid the USD uncertainty, discussions are resurfacing over the prospects of RMB internationalisation The US dollar still dominates global…
Business
Singapore dollar hits 11-year high against greenback
Singdollar breaches 1.27 level to strongest since 2014, driven by intervention rumors The Singapore dollar strengthened to its strongest…
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…
Business
Major Australian pension fund trimming US dollar exposure on weakening outlook
Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest…
Business
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers Prices of gold and silver extended their losses on…
Business
Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after…
Business
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of…
Business
South Korea makes checks on increasing US dollar deposits as won falls
South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank…
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Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs
Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, while investors girded for a Supreme Court…
Business
Gold, silver slide on profit-booking, US dollar strength
Gold and silver slid on Wednesday (Jan 7) as investors booked profits after a recent rally, while a stronger US dollar weighed on…
Business
Australian dollar hits 15-month top, inflation data a mixed bag
The Australian dollar hit 15-month highs on Wednesday as a mixed bag of inflation data kept alive the prospect of a near-term hike in…
Business
Attacks on Fed independence undermine US dollar: ECB’s Villeroy
He says fears of the US weaponising dollar-based payments are driving some to build alternatives The US administration’s criticism of the…
Business
US dollar slide sharpens case for Singapore stocks, says OCBC equities research head
Reits stand out as they offer good dividend yields with a cushion of at least 5 to 6% Foreign investors seeking to diversify away from US…
Business
Asian stocks extend record rally while oil, dollar drift
Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped…
Business
Gold dips from one-week high on steady dollar; other precious metals slip
Gold prices dipped on Tuesday (Jan 6), easing from a one-week high reached in the previous session when it rose nearly 3 per cent towards…
Business
Renminbi climbs past 7 per US dollar onshore for first time since 2023
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency The renminbi…
Business
US dollar caps worst week since June with focus on data ahead
A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations…