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Gold falls further on stronger US dollar, easing geopolitical tensions
GOLD prices fell on Tuesday (Nov 26) to their lowest in more than a week, weighed down by a stronger US dollar and reports of a potential…
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Dollar
News
Gold near three-week high on softer US dollar, geopolitical concerns
Gold prices ticked higher on Monday (Nov 25), nearing a three-week high, supported by a weaker US dollar and safe-haven demand amid rising…
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…
News
Strong US dollar, Trump policies pulling the rug from under Asian, trade-exposed currencies
IN THE past month, the US dollar has strengthened against several Asian currencies – spelling bad news for the region’s trade sectors,…
News
Strong US dollar, Trump policies pulling the rug from under some Asian, trade-exposed economies
Affected countries will be grappling with cheaper exports to the US, and costlier US dollar-denominated imports THE US dollar has surged…
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
Gold hits one-week high on softer US 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…
Culture
US dollar rises against yen on BOJ caution; euro sell-off pauses
THE US dollar climbed against the yen on Monday (Nov 18) after Japan’s top central banker flagged further monetary policy tightening ahead…
Business
Crypto exchange OKX launches Singapore dollar funds transfer service for local customers
CRYPTOCURRENCY exchange OKX said on Monday (Nov 18) it would offer instant Singapore dollar-denominated deposits and withdrawals to…
Business
Indonesia intervenes as rupiah nears 16,000 per dollar level
INDONESIA’S central bank intervened in currency markets to support the rupiah after it weakened towards the psychological level of 16,000…
News
US dollar marches on, Trump trade momentum undimmed
THE US dollar continued its relentless march higher on Thursday (Nov 14), trading at a one-year high against major peers and headed for a…
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…
Business
Singapore stocks fall as US dollar strength weighs on Asian stock indices; STI drops 0.8%
The trade-weighted US dollar index is at its highest since Jul 2, and up 4.9% in this quarter SINGAPORE stocks fell on Tuesday (Nov 12) as…
News
Dollar on track for weekly gain after Trump election win
THE dollar rose on Friday (Nov 8) and was heading for a weekly gain as investors evaluated the likely impact on the American economy of…
News
US dollar on track for weekly gain after Trump election win
The greenback rose on Friday (Nov 8) and was heading for a weekly gain as investors evaluated the likely impact on the American economy of…
News
Gold logs biggest weekly fall in over five months on dollar strength
GOLD prices dropped on Friday (Nov 9), logging their steepest weekly decline in over five months, pressured by a stronger dollar and as…
News
Ringgit’s strength versus dollar faces test as US tariff risks loom
MALAYSIA’S ringgit, the only emerging Asian currency to strengthen against the US dollar this year, may see its performance ebb on risks…
Business
Vietnam sets dong fix rate at record low amid US dollar strength
VIETNAM set its reference rate for the dong at a record low, setting the stage for more weakness in the South-east Asian nation’s currency…
News
US dollar set for biggest one-day jump since 2020, Bitcoin hits record as Trump secures White House
THE US dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday (Nov 6) and Bitcoin jumped to an…
News
Gold falls as Trump’s decisive election win drives up US dollar
Bullion tumbled as much as 1.5% as Trump’s victory rippled through global markets Gold fell on a surging dollar as Republican Donald Trump…
Business
US dollar drops to two-week low as investors take profit on ‘Trump trades’
THE US dollar dipped on Monday (Nov 4) as investors braced for wide-ranging implications for the global economy this week from the outcome…