By requiring that stablecoins are backed 1:1 to the US dollar, the GENIUS Act reinforces the dollar’s role as the “world’s digital settlement currency,” the report stated.

The US dollar slid on Friday (Saturday AEST), extending this year’s losses to over 7 per cent, after President Donald Trump threatened steep new tariffs on the European Union and revived ...

US West Texas Intermediate crude futures for July climbed 70 cents, or 1.1%, to $62.73. Inter-bank market rates for dollar on Wednesday BID Rs 281.97 ...

US Apr manufacturing production fell -0.4% m/m, weaker than expectations of -0.3% m/m and the biggest decline in 6 months. The US May NAHB housing market index unexpectedly fell -6 to a 1-1/2 year ...

Gold prices rose more than 1% on Thursday, aided by a softer dollar and weak U.S. economic data, while Russian President Vladimir Putin's failure to attend peace talks drove some safe-haven buying.

USD/CAD gains momentum to around 1.3975 in Tuesday’s early Asian session. Easing trade tensions between the US and China lifts the US Dollar. Higher crude oil prices might boost the Loonie and ...

The US dollar has seen big declines in recent months. Currencies rise and fall all the time, but the recent drop in the dollar has been particularly dramatic. Home ...

Singapore - The US dollar may face a US$2.5 trillion (S$3.2 trillion) “avalanche” of selling as Asian countries unwind their stockpile of the world’s reserve currency, according to currency ...

The Singdollar was up 0.6 per cent to 1.292 per US dollar as at 12.07pm local time. Read more at straitstimes.com. Read more at straitstimes.com.

INR vs USD: The dollar index, which measures the greenback’s strength against six major currencies, was down 0.26% at 99.76.(Photo: Bloomberg) Rupee appreciated against the US dollar on Monday ...

Singapore’s currency was up 0.6 per cent to 1.292 per US dollar as at 12.07pm local time. This brought its advance to date in 2025 to 5.3 per cent.

The dollar fell as much as 1.5 per cent to a three-year low against a basket of its big trading partners on Monday, while the euro gained 1.1 per cent to $1.154 and the yen was 0.9 per cent firmer ...