The US dollar rose to a two-year high against a basket of currencies on Tuesday, as investors sought safety amid growing concerns about the global economy. The dollar index, which measures the greenback against a basket of six major currencies, ro...

Introduction: The Malaysian ringgit (MYR) is the official currency of Malaysia. It has been in circulation since 1967 and has played a significant role in the country's economic growth. However, in recent years, the currency has experienced fluctuat...

The U.S. debt ceiling crisis has caused volatility in the financial market, as the dollar seesaws amid uncertainty about the country's ability to pay its debts. The situation has been exacerbated by the lack of progress in talks between U.S. Presiden...

Introduction The Indonesian rupiah has been facing a steady decline in value against the US dollar. In recent news, it was reported that the rupiah lost 0.4% of its value against the dollar. This article aims to discuss the reasons behind the devalu...

The South Korean won has experienced a 0.2% decline in recent weeks due to interest rate changes. This shift has raised concerns about the impact on the country's economy and its citizens. In this article, we will delve deeper into the causes and eff...

China's yuan is once again making headlines as it rose 0.1% against the dollar but closed in on the 7 level. The yuan's steep losses this week are a result of continued concerns over the country's uneven economic recovery. Uneven Economic Recovery ...

The US dollar index rose 0.2% to 101.75 in late morning trading, led by gains against the euro, which fell 0.3% to $1.0925. The underlying trend, however, remained tilted to the downside as Wednesday's US private sector jobs numbers affirmed that the...

Credit Suisse's stock tumbled on Wednesday after the bank disclosed "weaknesses" in its financial reporting, renewing investor concerns that a full-blown global banking crisis may be brewing. The disclosure revealed that Credit Suisse had overstated ...

Introduction: On March 11, 2023, the US equities market experienced a significant drop, with the S&P 500 erasing its gains for the year. Investors were initially optimistic after a higher US unemployment rate was reported earlier in the day. How...

The State Administration of Foreign Exchange (SAFE) in China has reiterated that there is no change in China's policy on cross-border remittance of funds, and that it will continue to promote a high-level opening-up to the world. The announcement com...

The S&P Global/CIPS UK Manufacturing Flash PMI increased to 49.2 in February 2023 from 47 in January, beating market forecasts of 47.5, preliminary estimates showed. This marks a positive change for the manufacturing industry, which has been expe...

The dollar surged to a six-week high against a basket of currencies, while most Asian currencies fell on Friday as hawkish comments from Federal Reserve officials and stronger-than-expected inflation readings raised expectations of more interest rate...