Gold prices dip on firmer US dollar
Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as cooler-than-expected US inflation data…
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Dollar
Gold, silver extend losses on global tech rout, firmer dollar
Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June Gold and silver extended losses on Friday (Feb 6) as a global rout in tech…
Would a Multi-Billion Dollar BMG-Concord Merger Create ‘the Fourth Major Music Group’? Yes and No …
The bombshell business story of Grammy Week was unquestionably the potential multi-billion dollar acquisition of Concord Music by Bertelsmann, parent company of BMG, which would see the…
Gold falls 1.5% on firm US dollar, silver recovers from over three-week low
Gold extended falls on Monday (Feb 2), pressured by a firm US dollar, as investors gauged US President Donald Trump’s Fed chair pick Kevin Warsh’s approach to interest rate cuts,…
Gold retreats as reports on Trump’s Fed nominee boost dollar
fell, following its first drop in nearly two weeks, as the US dollar strengthened after a report the Trump administration is preparing to nominate Kevin Warsh for Federal…
Why gold and the Swiss franc suddenly look more attractive than the dollar
It’s been a dramatic week in foreign exchange markets as a six-word comment on Tuesday by President Donald Trump intensified a selloff for the U.S. dollar, sending it to its lowest level…
Gold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January — Gold prices rose above US$5,300 per ounce…
US dollar still reigns, but businesses and investors ramp up currency diversification: StanChart
The US dollar still dominates global trade, but the use of the Chinese renminbi (RMB) has gained strong momentum across Asean, with the trend expected to continue. “We do not see other…
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 level against the greenback since late 2014 on…
Australian dollar scales 15-month high on strong jobs data
The Australian dollar hit 15-month highs on Thursday as an apparent easing in US-European tensions soothed risk sentiment, while a strong set of domestic jobs data narrowed the…
Major Australian pension fund trimming US dollar exposure on weakening outlook
Australia’s second-biggest pension fund says it is reducing its exposure to the US dollar through currency hedging as falling interest rates and ongoing global volatility have investors…
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US…
Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming bets…
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of growing expectations that interest rates there will…
I Bet My Bottom Dollar That You Haven't Seen Even Half Of These 100 Legendary Rom-Coms...
Are you caught up in the rom-com game? View Entire Post › Source link
South Korea makes checks on increasing US dollar deposits as won falls
South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank sources said on Monday (Jan 12), amid growing…
Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs
Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, while investors girded for a Supreme Court ruling on the legality of President Donald Trump’s…
Renminbi climbs past 7 per US dollar onshore for first time since 2023
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency The renminbi strengthened beyond the key seven per US dollar level…
The Dollar Is Facing an End to Its Dominance
2026 will be the year when US dollar dilution—the quiet erosion of its global dominance as countries trade and pay in alternatives—starts to build momentum. The more Washington uses the…
US dollar caps worst week since June with focus on data ahead
A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations for further Federal Reserve interest rate cuts in…
Australian dollar climbs to highest since Oct 2024 on RBA bets
The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift to raising interest rates early next year. The…
Japanese yen, ringgit, US, Australian dollar driving Singapore's currency buying frenzy
YouTrip’s 2025 conversion volumes jump over 70%; its peers also report surge in business As foreign exchange rates vacillated in 2025 amid geopolitical volatility and shifting trade…
Gold edges lower as dollar climbs to near one-week high ahead of Fed verdict
Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market, pressuring prices, ahead of a widely anticipated rate…
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec 8), as rising expectations of a US Federal Reserve…