Currencies

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

The strategy of borrowing Hong Kong dollars cheaply to invest in the higher-yielding greenback is gaining traction as financing costs in the city slump.

Hong Kong dollar slips as loose liquidity revs up carry trades

The one-month rate in the interbank market has dropped to the lowest since November

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

As the greenback weakened, the AUD/USD pair punched through key resistance levels to trade at 0.7018 as at 8.30 am on Wednesday.

As the greenback dives, one of Asia-Pacific’s top-performing currencies is trouncing the Singdollar

The Australian dollar surges to its strongest position against the American currency in over two years

A stronger Singdollar is beneficial in terms of imported costs, but it may also influence export competitiveness and the attractiveness of Singapore as a tourist destination, says OCBC chief economist Selena Ling.
BT EXPLAINS

Why Japan’s yen shock is rippling across Asian currencies – and what it means for Singapore

The US dollar has slid on intervention fears, while the yen has strengthened considerably

The dollar has come under pressure in recent sessions.

Trump says value of US dollar is ‘great’, currency hits 4-year low 

Losses in the dollar index accelerated after Trump’s comments

Thailand's currency has performed strongly despite soft fundamentals – largely because of its close correlation with gold prices, says Standard Chartered.

Diminishing returns from rate cuts set to test South-east Asia’s growth in 2026

Geopolitical risks and doubts over AI-driven expansion are reducing the economic impact of monetary easing

The US dollar's weakness follows reports that the New York Federal Reserve conducted so-called "rate checks" with traders on Friday.

Singdollar, ringgit climb to multi-year highs; more volatility expected amid yen intervention fears

Singdollar strengthens to 1.2677 against the greenback; ringgit is below the psychological ‘4’ mark at 3.9630