The Dollar: Stormy Weather
The week of June 23, 2025: The dollar and its rivals, Zohran Mamdani, housing, fiscal, and more. Source link
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Dollar
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to assess the Federal Reserve’s potential rate-cut…
Nikkei Surpasses 40,000 as Global Stocks Rise, Dollar Sinks to 3.5-Year Low
Global stock markets finished the week on an upbeat note, lifted by optimism over interest rate cuts and receding geopolitical risks. MSCI's Asia-Pacific index excluding Japan was up 0.2%,…
Asia: Stocks climb, dollar holds on trade hopes and rate bets
Asian markets rose on Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts. Easing concerns about Middle East tensions also…
US dollar slips as Trump considers naming next US Fed chair early
The US dollar dipped amid an increase of bets on US interest-rate cuts due to growing expectations that the next US Federal Reserve chairman is likely to ease monetary policy earlier than…
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to…
Gold inches higher as dollar softens, focus shifts to US economic data
Markets are awaiting US GDP data due later in the day and Personal Consumption Expenditures data on Friday Gold prices nudged higher on Thursday (Jun 26), supported by a softer US…
China seizes moment to globalise yuan as US dollar doubts mount
China is launching a sweeping campaign to promote the yuan’s global role, seizing what officials see as a rare strategic opening. With the US dollar facing multiple challenges, Beijing is…
Asia-Pacific markets fall after US strikes on Iran; oil prices surge, dollar strengthens
Asia-Pacific markets declined in early trade on Monday morning, as oil prices surged and the US dollar reacted, after the US launched strikes against three nuclear facilities in Iran over…
US dollar gains in early trading as world awaits Iran’s response
The US dollar strengthened in early trading as investors sought havens in a move to shield against mounting geopolitical risks following the US strikes on Iran. The US currency was quoted…
Currency traders ditching the US dollar for euro on option bets
The euro is taking on a bigger role in the global currency options market as traders skirt around the US dollar given the risks from unpredictable US policy and a global trade war. There’s…
Hong Kong to maintain US dollar peg despite geopolitical tensions
Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on Monday (Jun 9), despite escalating geopolitical tensions and…
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
Asset manager Keppel is divesting its stakes in a New-York based company and an integrated agricultural logistics park in China to unlock more than S$80 million from the monetisation of…
Australian dollar out of gas as economy sputters
The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that interest rates will have to be cut again and…
Gold hovers near four-week peak on weaker US dollar, trade concerns
Gold edged up to hit a near four-week high on Tuesday (Jun 3), as a weaker US dollar and rising uncertainty over the US-China trade deal boosted demand for the safe-haven asset.…
If You Were Also A No-Cable Kid, I Bet My Bottom Dollar You'll Remember These PBS Characters
PBS Cartoon Characters Names Trivia Quiz Listen, I know we're all grown up now, but let's be honest: once a PBS kid, always a PBS kid. Maybe your go-to was catching Between the Lions after…
Gold Prices Dip as Dollar Strengthens and Tariff Uncertainty Persists
Gold prices dropped on Friday, ending May with their first monthly loss of 2025. The dip was attributed to a firmer U.S. dollar and continued uncertainty over trade tariffs. Spot gold…
Gold stages rebound as US dollar, Treasury yields slip
Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields as investors await a US core Personal Consumption Expenditures (PCE)…
Saudi Aramco kicks off its first dollar bond sale this year
The world’s biggest oil exporter is selling bonds with five, 10 and 30-year maturities Saudi Aramco started the sale of dollar-denominated debt, extending the company’s borrowings…
Gold edges higher as dollar dips, US fiscal worries mount
Gold prices edged up on Tuesday (May 27), supported by a weaker US dollar and concerns over the US fiscal outlook, while investors looked for further clarity on trade policy after…
US dollar tumbles as Trump’s EU tariff talk spurs investor flight
The US dollar dropped across the board on Friday (May 23), as investors dumped the currency after US President Donald Trump once again ratcheted up his trade war, recommending that the…
Cyclical, structural factors can affect current advantage of US dollar assets although outlook is stable for now: MAS chief
The outlook for the structural advantage of US dollar assets looks to be relatively stable at present, said Monetary Authority of Singapore (MAS) chief Chia Der Jiun at the Qatar Economic…
Gold gains on weaker dollar, US fiscal concerns
Gold prices rose on Wednesday (May 21) as the US dollar slipped to a two-week low and investors sought safety amid US fiscal uncertainty, with Congress debating a sweeping tax bill. Spot…
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Hong Kong’s key interbank borrowing cost slumped following foreign-exchange…