forex

The threat of a prolonged conflict in the Middle East is triggering a broad reassessment of portfolios.

Five areas to watch as renewed US-Iran hostilities rattle global markets

Capital is rotating into defensive, domestically oriented equities, including healthcare and consumer services

The rupiah sank to lows a few times in the past week, with the currency breaching the 14,000 threshold against the Singapore dollar on Wednesday.

Strong US dollar and tariff threats ignite broad Asian currency sell-off

Energy shocks drag rupiah and yen to fresh lows as new US tariffs compound pain for won and ringgit

The Japanese yen fetches 159.81 per dollar, rising from lows on Wednesday that pushed it past the 160-per-dollar mark for the first time since Apr 30.

US dollar slips from two-month high amid Iran talks, yen trades near 160

The US dollar index falls 0.2% to 99.23, from 99.56 in the previous session

Andrea Baronchelli, CEO and co-founder of Aspire, says the decision to partner JPMorgan stemmed from the need for scale and geographical reach.

Fintech player Aspire taps JPMorgan to help companies with forex conversions

They will initially focus on multiple currencies, including the pound, Singapore and US dollar

Eileen Chia, regional head of corporate advisory for global financial markets at DBS, says that when it comes to FX rates, SMEs should "just lock it in and remove the uncertainty" from their businesses.

As Middle East conflict rages, DBS urges SMEs to hedge at least half their FX exposure – not time the market

This comes as the bank expands its SecureFX facility to all corporate clients in Singapore

BT
THRIVE NEWSLETTER

What US dollar movements mean for Singapore investors

[SINGAPORE] The US dollar has been on a bumpy ride in recent months. 

The Singapore dollar has fallen 1.1% against the greenback in the last five days, weakening alongside other major currencies in the region.

Asian currencies dragged lower by oil spike, with Fed path and Middle East trajectory key risks ahead

But analysts say energy prices are unlikely to shape the region’s currency trajectory over a sustained period

The renminbi's recent winning streak against the greenback – the longest in over a decade – is a sign that Beijing is warming up to the idea of a stronger renminbi, says the writer.
THE BOTTOM LINE

A crisis lurks as Asians bring money back home

Repatriation, or the ‘Sell America’ narrative, will be a key theme