Business
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after…
Tag
Dollar
Business
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from…
Business
Australian dollar out of gas as economy sputters
The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers…
News
Gold hovers near four-week peak on weaker US dollar, trade concerns
Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty over the US-China trade deal…
Politics
Gold Prices Dip as Dollar Strengthens and Tariff Uncertainty Persists
Gold prices dropped on Friday, ending May with their first monthly loss of 2025. The dip was attributed to a firmer U.S. dollar and…
Business
Gold stages rebound as US dollar, Treasury yields slip
Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields as investors await a US…
Business
Saudi Aramco kicks off its first dollar bond sale this year
The world’s biggest oil exporter is selling bonds with five, 10 and 30-year maturities Saudi Aramco started the sale of dollar-denominated…
Politics
Gold edges higher as dollar dips, US fiscal worries mount
Gold prices edged up on Tuesday (May 27), supported by a weaker US dollar and concerns over the US fiscal outlook, while investors looked…
Business
US dollar tumbles as Trump’s EU tariff talk spurs investor flight
The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again…
Business
Cyclical, structural factors can affect current advantage of US dollar assets although outlook is stable for now: MAS chief
The outlook for the structural advantage of US dollar assets looks to be relatively stable at present, said Monetary Authority of…
Politics
Gold gains on weaker dollar, US fiscal concerns
Gold prices rose on Wednesday (May 21) as the US dollar slipped to a two-week low and investors sought safety amid US fiscal uncertainty,…
Business
Singapore central bank chief says US dollar assets irreplaceable
Factors that the market are paying attention to include any prospect for slower growth and higher inflation in America as well as cues on…
News
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Hong Kong’s key interbank borrowing cost…
Politics
5 ways the Trump administration is implementing Project 2025
Whether Project 2025 was President Trump’s plan for his second presidency was a big point of contention during the presidential campaign.…
News
How the Singapore dollar could perform against the US dollar this year
Fading US exceptionalism could pave the way for further appreciation of the Singapore dollar against the greenback, said analysts. The…
Business
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
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…
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
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…
Business
Asia: Dollar recovers some losses, stocks gain as traders eye tariff deals
The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump’s sweeping tariffs, while equities mostly rose…
Politics
Singapore dollar surges against US dollar as Asia currencies rally on trade hopes
Asian currencies rallied on Monday (May 5) on hopes of a thaw in the US-China trade war and regional tariff deals with the Trump…
Business
Gold gains on softer US dollar, Fed decision awaited
Chinese markets are closed for the Labour Day holiday from May 1 to 5 and will resume trade on Tuesday, May 6 Gold prices edged higher on…
Business
U.S. Dollar Falls. The Euro Could Step Up as Reserve Currency
The U.S. dollar has fallen about 9 percent in the past three months, according to an index that tracks its performance against a basket of…
Politics
Gold retreats on firm dollar, US payrolls data on tap
Gold was subdued on Thursday (May 1) on the US dollar’s strength, while investors awaited more clarity on trade policy between the US and…