Dollar slips as Fed hike cycle nears end; focus on US inflation SINGAPORE: The dollar weakened on Tuesday after Federal Reserve officials signalled that the central bank was... Published 11 Jul, 2023 09:37am
Business & Finance Dollar falls to three-week low vs yen NEW YORK: The dollar sank to a three-week low against the yen on Monday and slipped against other major currencies ... Published 11 Jul, 2023 06:08am
Markets Dollar firms on rate hike views after Fed minutes, yen treads water SINGAPORE: The dollar was broadly higher on Thursday, after the release of minutes from the Federal Reserve’s latest... Published 06 Jul, 2023 10:11am
Business & Finance Dollar steady before Fed minutes; yen hovers NEW YORK: The US dollar held steady against other major currencies on Wednesday as traders awaited minutes later in... Published 06 Jul, 2023 05:42am
Business & Finance Yen firms amid intervention chatter, trading subdued on US holiday LONDON/SINGAPORE: The dollar fell against the yen on Tuesday as markets remained on high alert for signs of Japanese... Published 05 Jul, 2023 06:00am
Markets Yen steady, markets on intervention alert; Aussie up before RBA decision SINGAPORE: The yen nudged up on Tuesday but remained vulnerable to more weakness, hovering near the key 145 per... Published 04 Jul, 2023 09:12am
Markets Yen tentative, dollar soft as traders weigh Fed rate hike path SINGAPORE: The yen remained hunkered just below the psychologically important barrier of 145 per US dollar on... Published 03 Jul, 2023 09:22am
Markets Japan finance minister warns against excessive yen weakening TOKYO: Japan will take appropriate steps should the yen weaken excessively, Finance Minister Shunichi Suzuki said on... Published 30 Jun, 2023 10:54am
Markets Yen weakens past key 145 per dollar level; yuan falls after China PMI data SINGAPORE: The yen weakened past 145 per dollar on Friday, a level which kept speculators wary of potential... Published 30 Jun, 2023 10:00am
Markets Dollar flat; Aussie slides as inflation slows SINGAPORE: The US dollar was barely changed on Wednesday, with resilient economic data easing investor worries over... Published 28 Jun, 2023 10:25am
Markets Dollar steady as investors ponder over global rates, economic outlook SINGAPORE: The dollar held near a one-week high against its major peers on Monday as traders weighed the impact of... Published 26 Jun, 2023 09:39am
Markets Japan finance minister says ‘firmly’ watching FX moves as yen weakens TOKYO: Japanese Finance Minister Shunichi Suzuki said on Friday that he was “firmly” watching foreign exchange... Published 23 Jun, 2023 03:04pm
Markets Oil rises as Chinese economic indicators offer mixed picture LONDON: Oil prices rose on Tuesday after China cut benchmark lending rates in a potential boost to growth but oil... Updated 20 Jun, 2023 05:04pm
Business & Finance Yen sags to 15-year low vs euro after BOJ rate decision NEW YORK: The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its... Published 19 Jun, 2023 06:55am
Markets Yen slips after BOJ stands pat, soft data dents dollar SINGAPORE: The yen lost some ground after the Bank of Japan on Friday maintained ultra-low interest rates and... Published 16 Jun, 2023 09:41am
Markets Oil heads for weekly gain as supply cuts balance demand concerns NEW YORK: Oil edged higher on Friday and was on course for a weekly gain, as higher Chinese demand and OPEC+ supply... Updated 16 Jun, 2023 08:28pm
Business & Finance Euro gains, hits 15-year peak vs yen NEW YORK: The euro hit a 15-year peak against the yen and a fresh four-week high against the dollar on Thursday ... Published 16 Jun, 2023 06:27am
Business & Finance Japan will stop yen decline beyond USD/JPY 145, most economists say TOKYO: Japan’s government and central bank will act to stop the yen’s decline if it depreciates to the 145 per US... Published 15 Jun, 2023 09:24am
Markets Dollar droops as bets build for Fed pause, yuan at 6 month low TOKYO: The dollar fell to near a three-week low to the euro and a one-month low versus sterling on Wednesday, after... Published 14 Jun, 2023 09:26am
Markets Dollar dips ahead of US inflation data, central bank meetings SINGAPORE: The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious... Published 13 Jun, 2023 09:51am
Markets Japanese rubber futures lower SINGAPORE: Japanese rubber futures posted their second straight weekly gain, even as the benchmark closed lower on... Published 11 Jun, 2023 03:55am
Markets Japanese rubber futures higher SINGAPORE: Japanese rubber futures bounced back on Wednesday, closing at its highest in almost three months as... Published 08 Jun, 2023 06:30am
Markets Dollar adrift as traders assess Fed options; Aussie buoyant SINGAPORE: The dollar edged lower on Wednesday as traders assessed the odds of a rate hike by the Federal Reserve... Published 07 Jun, 2023 09:32am
Markets Dollar on back foot after weak ISM; Aussie awaits RBA TOKYO: The dollar languished well below last week’s 2-1/2-month highs on Tuesday after unexpectedly soft US services... Published 06 Jun, 2023 09:46am
Markets Dollar edges up as US rates seen higher for longer TOKYO: The dollar firmed against major peers in Asian trading after a robust US jobs report spurred traders to price... Published 05 Jun, 2023 09:21am
Markets Dollar sags as Fed bets ebb, debt bill passes; Aussie soars TOKYO: The US dollar wallowed near a one-week low versus major peers on Friday, on course for its worst week since... Published 02 Jun, 2023 09:35am
Markets Japanese rubber futures end steady SINGAPORE: Japanese rubber futures opened flat on Thursday amid mixed signals from Asian factory activity data this... Published 02 Jun, 2023 03:56am
Markets China’s yuan eases to 6-month low on disappointing manufacturing data SHANGHAI: The yuan fell on Wednesday to its lowest against the dollar since the end of November, with sentiment hit... Published 31 May, 2023 09:20am
Business & Finance Yen strengthens, dollar gives up early gains WASHINGTON: Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month... Published 31 May, 2023 03:56am
Markets Yen firms on policymaker meeting, dollar swings after debt deal LONDON: Currency markets were choppy on Tuesday as the dollar hit a 10-week high against peers and a six-month top... Published 30 May, 2023 05:44pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?