Currencies

[NEW YORK] The US dollar jumped against the yen on Friday (Sep 18) after two policymakers at the Bank of Japan (BOJ) dissented from a widely expected decision to raise interest rates, raising doubt among traders about the likelihood of further hikes.

It is trading at 123.4 per Singdollar and 158 per US dollar as at 4.11 pm in Asia

Dominance in AI gives the US a big advantage, but the AI dollar is unlikely to be a true successor to the petrodollar

Euro rises; pound sterling slips after Bank of England holds rates but warns of possible hikes

Firms are increasingly evaluating the Chinese currency on tangible economics, says StanChart’s Karen Ng

[LONDON] The US dollar held steady near multi-week highs on Wednesday (Sep 16), ahead of a Federal Reserve decision that traders expect will mark the first in a series of possible US interest-rate hikes.

High energy prices, elevated borrowing costs are causing a divide in regional currencies, say analysts

Oil prices are near a four-month peak, standing at more than US$105 a barrel

[LONDON/SINGAPORE] The US dollar rose to a two-week high on Monday (Sep 14) as conflict in the Middle East pushed up oil prices and sent investors towards the safe-haven currency, weighing particularly on the recently buoyant yen.