News
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
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…
Culture
Australian, New Zealand dollars seesaw on greenback, keep climbing on yen
The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies…
Culture
Australian, New Zealand dollars seesaw on greenback, extend gains on yen
The Australian and New Zealand dollars steadied on Wednesday after their US peer enjoyed a broad bounce overnight, while both currencies…
Business
StanChart, Ant International launch blockchain-based tokenised deposits in Singdollar, greenback
The new solution demonstrates how businesses can use blockchain technology to make transactions faster, more secure and more efficient…
Business
Ringgit hits three-year high against Singdollar, four-year high versus greenback
The ringgit hit a three-year high against the Singapore dollar and a four-year high against the US dollar this week, as optimism around…
News
STI could reach 10,000 by 2040; Singdollar could also hit parity with greenback: DBS report
The Straits Times Index (STI) could rise to nearly 10,000 points by 2040 if historical return patternshold, DBS’ Singapore 2040 report…
Culture
The greenback strengthens against Singapore dollar, reverses broad weakening trend this year
The US dollar (USD) has climbed nearly 1.5 per cent in the past six days, reversing a downward trend that has persisted for much of this…
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…
Business
Weaker greenback raises risk of currency mismatch for Asian insurers holding USD assets
A mismatch between the currencies in which insurers’ assets and liabilities are held can put pressure on their capital and ability to…
Business
Greenback rises to fourth straight weekly gain on latest US economic data
THE dollar strengthened on Friday (May 16) after the latest round of economic data showed a rebound in import prices while consumer…
Fashion
How the Singapore dollar could perform against the greenback this year
Fading US exceptionalism could pave the way for further appreciation of the Singapore dollar against the greenback, said analysts. The…
Fashion
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 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…
Business
Greenback notches weekly gain as traders reassess rate-cut expectations
THE US dollar was set for its biggest weekly gain in over a month on Friday (Nov 15), as markets reassessed expectations of future…
Business
Greenback rebounds against most major units after weak jobs data; traders eye US election
THE US dollar rose against the euro and rebounded against most major currencies on Friday (Nov 1) after traders digested data showing US…