Dollar
Japan’s yen up sharply after hitting 34-year low against the dollar
The yen rose sharply after hitting its weakest level in three decades against the US dollar with markets on edge about possible intervention after the Bank of Japan kept...
Greenback recovers from PMI slump, yen closes in on 155 per dollar
THE US dollar regained some lost ground on Wednesday (Apr 24) following big falls against the euro and sterling the day before, while the yen remained mired near 34-year...
Oil rises as dollar slips, focus shifts to economic data
OIL prices rose by more than US$1 a barrel on Tuesday as the US dollar index fell to its lowest level in more than a week and investors shifted their...
Abu Dhabi returns to debt market with new US dollar bond
ABU Dhabi, capital of the United Arab Emirates, on Tuesday (Apr 23) mandated banks for a three-part US dollar-denominated bond issue, its first since 2021, with demand expected to...
Why has gold’s inverse relationship with the dollar reversed?
THE price of gold has long had a close relationship with real interest rates of the US dollar: higher real interest rates in the US — which usually mean...
Why has gold’s inverse relationship with the US dollar reversed?
THE price of gold has long had a close relationship with real interest rates of the US dollar: higher real interest rates in the United States – which usually...
US dollar forges higher after volatile week, yen in spotlight
THE US dollar gained against the euro and yen on Monday (Apr 22) after the most volatile week of trading in months for currency markets, as investors assessed policy...
Singapore dollar outshines peers with 40% advance under PM Lee
WHEN Lawrence Wong succeeds Lee Hsien Loong as Singapore’s new prime minister next month, he will inherit not only a healthy economy but also robust local assets from a...