US dollar

Will ‘Sell America’ end the dollar’s hegemony?

State and market-led pressure to de-dollarise could become mutually reinforcing, accelerating the erosion of the greenback dominance

The rebound in FX trading follows reports on Jan 23 that US authorities had conducted so-called “rate checks” in the US dollar-yen market.

Asian banks’ FX desks brace for volatility as yen intervention risks return

Pickup comes despite a high base a year earlier when investors positioned for the return of Trump to the White House

Kevin Warsh appears more independent and brings a reputation as an inflation “hawk” – a central banker who prioritises fighting inflation, compared to a “dove” who prioritises growth and jobs.

Why Trump’s new pick for Fed chair hit gold and silver markets

With Kevin Warsh’s nomination, investors appear to expect lower inflation and greater financial stability

The Swiss National Bank wears the scars of several fierce market battles over the years, generally not of its own making.

The frank warning from Switzerland on the US dollar

If the greenback continues to slide with cuts in interest rates, countries will be forced to take action

The Singdollar remains a bastion of stability, but the currencies around it are on the move.

How strong is the Singdollar? These charts show how it is performing against regional currencies

These seven charts track the Singapore dollar against key currencies over the last six months

The yen could be cheap because investors are worried about the danger that Japan will lose its fiscal and monetary credibility.
THE BROAD VIEW

The weak yen and the weakening US dollar are signs of financial fragility

But neither Japan nor America should meddle with exchange rates

The US dollar weakened as much as 1.8 per cent against major currencies this week.

Intervention, Inflation and the STI

The US dollar is sliding, gold is near US$5,600 and Singapore’s STI is nearing 5,000 points. SGX’s Geoff Howie explains what’s driving the market.

The big concern for Washington about sowing seeds of a US dollar devaluation is what that may mean for the stability of gigantic net foreign ownership of US assets.

Be careful what you wish for on a weaker US dollar

The greenback’s index against the most-traded currencies has dropped to its weakest since early 2022 – worse could happen yet