Tag - dollar

 
 

DOLLAR

South Korean 50,000 won banknotes are prepared at the Bank of Korea headquarters ahead of the Lunar New Year in Seoul on Jan. 14.
BUSINESS / Markets
May 12, 2025
Seeking emerging currency bargains, investors take fresh look at Asia
Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status.
Since U.S. President Donald Trump's return to the White House, the greenback is down more than 9% against a basket of major currencies as investors pull back from owning U.S. assets.
BUSINESS / Markets
May 8, 2025
Ukraine considers shift from dollar to euro amid geopolitical realignments
"This work is complex and requires high-quality, versatile preparation," Central Bank Gov. Andriy Pyshnyi said.
The U.S. dollar struggled to make headway as an unprecedented two-day surge in its Taiwanese counterpart spilled over to other regional peers.
BUSINESS / Markets
May 6, 2025
Dollar under pressure as Asian counterparts charge higher
The Taiwan dollar on Monday surged to a three-year high of 29.59 per dollar, having leapt 8% in two days.
The U.S. dollar weakened further on Monday against most major currencies, as pressure from U.S. President Donald Trump's tariffs continued.
BUSINESS / Markets
May 6, 2025
Dollar’s fall in Asia stuns investors and spreads across globe
U.S. President Donald Trump’s aggressive trade talk has rattled macro markets, undermining the dollar’s traditional haven role in times of stress.
A worker counts U.S. dollar banknotes at a currency exchange office in Jakarta, Indonesia, in 2022.
BUSINESS / Markets
May 5, 2025
Dollar’s decline is fueling dislocations across Asian currencies
The volatility shows how an exodus from the world’s reserve currency can ripple through financial markets.
Donald Trump’s trade war and the dollar’s volatility are prompting Asia’s wealthy to reassess where they park their money, with Hong Kong and Singapore competing for capital as the U.S. loses its appeal as a financial haven.
COMMENTARY / World
May 2, 2025
Trump’s trade war shakes dollar’s haven status and opens door for Asian financial hubs
Trump’s trade policies, even if substantially reversed, have sent a loud message to the Asian affluent classes.
Finance Minister Katsunobu Kato met with U.S. Treasury Secretary Scott Bessent in Washington on Thursday.
BUSINESS / Economy
Apr 25, 2025
No discussion of yen target, Kato says after Bessent meeting
The two countries possibly committing to a specific number in terms of the yen-dollar exchange rate has helped drive up the value of the Japanese currency.
Finance Minister Katsunobu Kato is is expected to meet with Treasury Secretary Scott Bessent in Washington.
BUSINESS / Economy
Apr 24, 2025
U.S. indicates no hard target for yen ahead of key trade talks
The United States has argued that the yen is too weak, making its value against the dollar a top agenda item in trade discussions.
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an event in Chicago earlier this month.
BUSINESS / Economy
Apr 24, 2025
Federal Reserve at a policy and political crossroads poses global risks
A divergence between the Fed and other central banks could stress dollar funding markets and make financing more expensive for less-developed countries.
The yen strengthened dramatically this month — hitting ¥139.9 to the dollar on Tuesday — and could become a topic of conversation in trade talks between the United States and Japan.
BUSINESS / Economy / FOCUS
Apr 22, 2025
Yen on the march as Plaza Accord 2.0 debate grows
The U.S. has claimed that Japan's currency is undervalued, with some in the administration of President Donald Trump calling for a Plaza Accord 2.0.
A monitor displays stock market information on the floor of the New York Stock Exchange (NYSE) on Monday.
BUSINESS / Economy
Apr 22, 2025
U.S. assets slump again as Trump sharpens attack on Fed chief
Trump called Jerome Powell a 'loser' for not cutting interest rates, underscoring questions about whether the U.S. President will try to fire Powell.
The yen climbed to its strongest level since September against the dollar on Monday, briefly trading in the range of ¥140.
BUSINESS
Apr 21, 2025
Speculative traders boost bullish yen bets to a record on tariffs
The yen climbed to its strongest level since September against the dollar on Monday, briefly trading in the range of ¥140.
Facing a new round of U.S. tariffs, China may devalue the yuan — possibly by as much as 20% — if fiscal stimulus falls short, risking a global currency war as it fights to meet its growth target.
COMMENTARY / Japan
Apr 16, 2025
When will China start to devalue the yuan?
One way to think about China’s currency policy is its fiscal stance. Unless Beijing brings out the stimulus bazooka, devaluing the yuan might be the most expedient option.
Donald Trump’s punitive tariffs have dealt a blow to U.S. credibility and the greenback. It’s a bigger leap to project the currency's demise.
COMMENTARY / World
Apr 16, 2025
King dollar’s reign looks secure — for now
The greenback survived Trump's first term at the pinnacle and will likely endure his second.
A trader works on the floor of the New York Stock Exchange during afternoon trading on Wednesday in New York.
BUSINESS / Economy / ANALYSIS
Apr 12, 2025
Asset flight challenges U.S. safe haven status
The U.S. has long been considered a financial safe haven —but Trump's trade war is starting to raise questions about if that's still true.
Prime Minister Shigeru Ishiba gives instructions to Economic Revitalization Minister Ryosei Akazawa (third from left) and others at the Prime Minister's Office on Friday.
BUSINESS / Economy
Apr 11, 2025
Japan braces for talks on yen and BOJ in trade negotiations with U.S.
Ryosei Akazawa, who is heading the task force, is reportedly set to meet U.S. Treasury Secretary Scott Bessent next week.
The greenback’s share of global reserves dropped to 58% last year from over 70% two decades ago, reflecting its declining dominance in international trade and finance.
COMMENTARY / World
Apr 11, 2025
Why buy the dollar if the U.S. becomes an economic island?
The greenback’s share of global reserves dropped to 58% last year from over 70% two decades ago, reflecting its declining dominance in international trade and finance.
America’s economic exceptionalism has traditionally been driven by its deep capital markets, culture of risk-taking, history of innovation and the dollar’s status as the world’s primary reserve currency.
COMMENTARY / World
Apr 1, 2025
Is this really how American exceptionalism ends?
Uncertainty around trade and the future strength of the dollar has led some big European investors to retreat from American stocks.
Anxieties about inflation, debt and the U.S. dollar’s stability — combined with high gold prices — are fueling renewed skepticism, raising the possibility of a Fort Knox audit to confirm if America's gold is still there.
COMMENTARY / World
Mar 31, 2025
What’s fueling America's gold bar conspiracy
The U.S. is right where it needs to be for Trump and Musk to tap into a decades-old fear about the country’s precious bullion stored in Fort Knox.
U.S. President Donald Trump’s actions are rekindling long-simmering discussions about whether overseas governments will accelerate efforts to rely less on the dollar.
BUSINESS / Economy / FOCUS
Mar 29, 2025
Trump is eroding the dollar’s dominance in world markets
The U.S. president's escalating fusillade of tariffs and bid to roll back decades of globalization is shaking confidence in the U.S. currency.

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