Dollar
Pound hits more than two-year high, US dollar back under pressure
The pound climbed to its strongest level against the greenback in more than two years on Tuesday (Aug 27), and other major currencies also gained as a pause in...
US dollar drops against yen but broadly stable after last week’s decline
THE US dollar fell to a three-week low against the yen on Monday (Aug 26) but halted its recent slide against most other currencies as investors weighed the prospect...
Singapore dollar trades around 10-year high on policy outlook
SINGAPORE’S dollar advanced to its strongest in almost a decade as traders weighed the difference between the local monetary authority’s relatively hawkish policy outlook compared with that of the...
Canadian dollar climbs to 4-month high on ‘surprisingly dovish’ Powell remarks
THE Canadian dollar strengthened to a four-month high against its US counterpart on Friday (Aug 23) as Federal Reserve chair Jerome Powell signalled the start of interest rate cuts...
US dollar falls after Powell greenlights September easing
THE dollar fell and sterling rose to its highest in more than two years on Friday (Aug 23) after Federal Reserve chair Jerome Powell gave an unambiguous signal that...
US dollar hits year low versus euro as traders await data and Powell
THE US dollar edged higher on Wednesday (Aug 21) after falling to its lowest level against the euro this year as investors waited for revisions to US employment data...
US dollar hits 7-month low before Powell, Swedish krona volatile after rate cut
THE US dollar hit a fresh seven-month low on Tuesday (Aug 20) with traders bracing for comments from Federal Reserve chair Jerome Powell due on Friday, which could provide...
Gold holds ground above US$2,500 on weaker dollar; markets await Fed minutes
GOLD prices held above the US$2,500 mark on Tuesday (Aug 20), buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last...
