US dollar

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

Observers expect a 25 bp increase at Japan central bank’s meeting this week, and will be looking for clues about further tightening

[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.

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

The move would relieve pressure on banks, which have been the main source of lending for domestic investment

[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.

Strong corporate earnings should provide support for Wall Street if borrowing costs rise, says analyst

Yen has surged in September on expectations for an accelerated schedule of rate hikes by the BOJ