US Dollar (USD)

US-China trade war

China’s dream of ‘powerful currency’ runs into Trump’s return

The president-elect favours a weaker US dollar, which would make US goods cheaper for the rest of the world, although Wall Street banks think he is unlikely to get his wish.

Forex

Yen weakens to 155 against US dollar, raising intervention risk

Persistent weakness in the yen may also prompt the Bank of Japan to consider raising interest rates sooner than expected.

Forex

Malaysian ringgit set for biggest monthly decline since 2015

The ringgit is down more than 6% against the US dollar in October, putting it on pace for its biggest monthly loss since August 2015. The ringgit traded at 4.39 per US dollar on Wednesday.

Forex

Japanese yen falls to key 150 level, sparking more intervention risk

The yen dropped as much as 0.3% to trade a 150.08 per US dollar, a level last seen on Aug 1.

US politics

Trump pledges ‘100% tariff’ for countries that shun US dollar

“You leave the dollar and you’re not doing business with the [US] because we're going to put a 100% tariff on your goods.”

US Economy

The geopolitical imperative to upgrade the dollar

The future of the dollar is split: is its role as the global reserve currency declining or does it remain the undisputed currency?

Global Economy

Dollar usage in global payments in July rises to record, Swift says

The dollar’s role in international payments has never been stronger, according to the latest transaction data compiled by Swift.

US Economy

US dollar's busted bull run has bears calling end of an era

The US currency is teetering at the lowest level in more than a year after bets that the US Fed will stop hiking interest rates.

Investing strategies

Citi favours back-in-play bonds and non-US equities as dollar weakens

A decade after Citi’s prediction that the US dollar would reach greater value — which came true — a reversal could now be on hand.
China's yuan replaces US dollar as most traded currency in Russia - THE EDGE SINGAPORE

Global Economy

China's yuan replaces US dollar as most traded currency in Russia

Russia has deepened its ties with China since the February 2022 invasion prompted a break in relations with the West.
×