Currency
Economists expect MAS to hold currency band steady amid sticky prices
SINGAPORE is set to buck the global easing trend and keep its policy bearings on hold as officials use the strength of the currency to tackle still-exorbitant living costs.The...
US dollar’s best week in 2 years sends currency peers tumbling
The US dollar is having its best week since 2022. Geopolitical unrest, the odds of lower borrowing costs overseas and a resilient US economy are all spurring the world’s...
US dollar’s best week in 2 years sends currency peers tumbling
The US dollar is having its best week since 2022. Geopolitical unrest, the odds of lower borrowing costs overseas and a resilient US economy are all spurring the world’s...
Central bank digital currency momentum growing, study shows
A TOTAL of 134 countries representing 98 per cent of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and...
US companies return to currency options to hedge election, macro risks
US CORPORATIONS are turning to foreign exchange options again to protect their cash flow as they fear the US presidential election and diverging central bank interest-rate policies could spark...
Momentum gauge signals risk to South-east Asia currency rally
The Relative Strength Index for a regional gauge has breached 80, well above levels in which a currency is typically considered overbought The blistering rally in South-east Asian currencies...
China’s PBOC dials back support for yuan as currency steadies
CHINA’S central bank set its daily reference rate for the yuan broadly in line with expectations for the first time in more than a year, a sign it’s loosening...
Yen leaps after BOJ decision, month-end keeps currency markets nervy
THE yen hit its strongest in over four months on Wednesday (Jul 31), as Bank of Japan (BOJ) governor Kazuo Ueda flagged the possibility of more rate hikes after...
