Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Tag
Dollar
Business
Oil prices settle up on weaker US dollar, mixed economic news
Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news,…
Business
The yen strengthens past 140 per dollar for the first time since September
The yen advanced past the psychological level of 140 against the US dollar as investors sought alternatives to the greenback amid…
Business
US dollar benefits from selling exhaustion, ECB cuts rates
THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while…
Business
Battered dollar steadies but investors brace for more tariff volatility
The US dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the…
Business
US dollar weakens against Singdollar as tariff uncertainty roils markets
The US dollar fell to its weakest point against the Singapore dollar since November 2024, as markets continued to be volatile following…
Business
Investors seek refuge in dollar, yen as tariff fallout grips markets
Investors poured into safe havens such as the dollar, yen and Swiss franc on Monday (Apr 7) as the market rout from US President Donald…
Business
Investors seek refuge in US dollar, yen as tariff fallout grips markets
INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from US President…
Unsorted
Singapore’s dollar in pole position to extend lead in Asia
Demand for the city-state’s currency may sustain even as expectations for further MAS policy easing grow, with core inflation in February…
Business
As Trump sinks the US dollar, once-unthinkable worry grips markets
As US stock prices tumbled this month, John Sidawi, a fund manager at Federated Hermes, noticed something strange. The US dollar, long a…
Business
US dollar recovers as markets in consolidation mode; pares gains after data
THE US dollar rose against a broad range of currencies on Friday (Feb 21), partly retracing losses versus the yen as investors…
Business
Gold inches lower as US dollar rises, Fed meeting in focus - The Business Times
GOLD prices edged lower in early Asian hours on Monday (Jan 27) as the US dollar gained, while investors awaited more guidance on interest…
Unsorted
Strong Singapore dollar, Malaysian, Thai medical tourism push a bitter pill for Singapore to swallow
Singapore healthcare players focusing on complex cases to attract higher-paying foreign patients SINGAPORE’S position as the go-to medical…
Business
US dollar holds firm as traders bet on cautious Fed in 2025
THE greenback held firm on Tuesday (Dec 17) ahead of an expected interest rate cut in the United States, as traders grow increasingly…
Business
US dollar steadies, Aussie drops after RBA, Chinese trade data
THE US dollar rose on Tuesday (Dec 10) ahead of US inflation data which could offer clues about the Federal Reserve’s monetary easing…
Business
Rakuten starts marketing its third dollar bond offering of 2024
RAKUTEN Group started marketing its third US dollar bond of the year, seeking to take advantage of strong investor appetite for junk rated…
Business
Gold slips as dollar strengthens; investors await US data
Gold prices slipped on Monday (Dec 2), snapping a four-session rally as the US dollar firmed, while market participants awaited key US…
Business
StanChart is front-runner as dollar settlement bank in India hub
STANDARD Chartered has emerged as the front-runner to become the settlement bank for real-time US dollar-denominated trades in India’s…
Business
RBNZ rate cut wagers leave New Zealand dollar eyeing 2022 low
THE New Zealand dollar is forecast to weaken around 6 per cent in the coming months as a slowing economy prompts investors to price in…
Business
Canadian dollar notches biggest weekly gain since August
THE heavily shorted Canadian dollar steadied against its US counterpart on Friday (Nov 22), with the currency holding on to a weekly gain…
Business
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each…
Business
Gold hits one-week high on softer dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal…
Business
US dollar pulls back from six-month peak after US inflation data
THE US dollar pulled back from a 6½-month high against major currencies on Wednesday (Nov 13) after data showed US inflation for October…
Business
US dollar roars with Bitcoin as Trump trades shine; euro and yuan slump
THE US dollar rose to a four-month peak versus major peers on Tuesday (Nov 12), while Bitcoin extended its record rally as investors…