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Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US inflation data later in the day for clues into the…
Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate cut in December countered a firm US dollar. Spot…
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments Gold prices dipped on Monday (Nov 24), weighed down by a firm US dollar near six-month highs…
However, rotating out of US equities is ‘not easy’, adds executive director and CEO Dilhan Pillay The US dollar’s recent weakness against major currencies such as the euro and Singapore…
Hedging costs have risen, but rotating out of US equities ‘not easy”, adds executive director and CEO Dilhan Pillay The US dollar’s recent weakness against major currencies such as the…
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week Gold fell for a fourth straight session on Tuesday (Nov 18),…
GOLD prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by hawkish comments from US Federal Reserve officials…
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US government and flow of economic data will strengthen bets…
The currency hits a 13-month high against the greenback, year-to-date peak versus Singdollar The Malaysian ringgit has rallied about 7 per cent in the year to date against the US dollar,…
The Australian dollar climbed on Monday amid hopes that the US government shutdown may end, while still hawkish commentary from a top central banker helped it extend a bullish run against…
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations of another Federal Reserve interest rate cut,…
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost significant value in 2025 amid tariff uncertainty,…
Bullion hit a record high of US$4,381.21 on Oct 20, but have fallen close to 10% since Gold traded below the US$4,000 per ounce mark again on Tuesday (Nov 4) as the US dollar remained…
The dollar wrapped up its second best month of the year as lack of official data muddies the outlook for the US economy and the Federal Reserve’s interest rate path. The Bloomberg Dollar…
Trump’s most outrageous abuse of power involving cybercurrency was to lift national-security restrictions on exports of AI computer chips to the United Arab Emirates two weeks after the…
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher on Thursday (Oct 30), as a slight pullback in the…
The US Federal Reserve is widely expected to cut interest rates by a quarter percentage point at its meeting on Wednesday Gold prices fell on Monday (Oct 27), as a stronger US dollar and…
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on Thursday (Oct 23), weighed down by an uptick in the…
The clients include exporters, importers and some investors in overseas financial assets Chinese banks helped clients offload overseas currencies at the fastest pace since 2020 last month,…
The New York-based buyout giant is ramping up in Japan, deploying capital at five times the pace of a decade ago Global investors with heavy US exposure are steadily shifting more capital…
THE dollar edged up against the yen but was flat versus the euro on Monday (Oct 20) as investors shifted their focus to political developments in Japan and the euro area, while lingering…
Markets are pricing in a 25-basis-point cut at the Federal Reserve’s October meeting and another in December Gold prices fell more than 2 per cent on Friday (Oct 17) after hitting a record…
The combined actions of the lenders mark a reversal from last year’s efforts to defend the weakening renminbi [SHANGHAI/BEIJING] China’s major state-owned banks ramped up US dollar buying…
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political uncertainty. The yen reached its weakest…
