Things aren’t looking so good for the U.S. dollar. Though it’s spent decades as the world’s reigning reserve currency, it’s been weakening lately thanks to tariffs and uncertainty in the U ...

South Korea’s won climbed nearly 2% against the dollar on Wednesday, while the Japanese yen also gained. Earlier this month Taiwan’s currency posted the biggest jump in decades.

In late 2024, South Korea bought won to stop it weakening against the rising dollar and as President Yoon Suk Yeol’s brief imposition of martial law triggered a selloff of Korean assets.

Markets expect first Fed rate cut by September 2025 with easing through 2026. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, lost ground on ...

The dollar soared and Treasuries fell as the trade war between China and the US eased, stoking appetite for risk assets. A gauge of dollar strength rose as much as 1% as the two nations agreed to ...

LONDON, May 7 (Reuters) - Ukraine is starting to consider a shift away from the U.S. dollar, possibly linking its currency more closely to the euro amid the splintering of global trade and its ...

SINGAPORE/SHANGHAI (Reuters) -A wave of dollar selling in Asia is an ominous sign for the greenback as the world's export powerhouse starts to question a decades-long trend of investing its big ...

Taiwan's dollar saw a significant surge, the largest since 1988. This happened amid speculation about potential trade negotiations with the United States. Taiwan's central bank addressed the surge ...

"They come, they buy 2 packages, 3 packages, after half an hour, they buy 10," Luis Almonte, the store manager of Dollar Universe, said. Almonte sells the mystery packages for $4 each. One single ...

The Taiwan dollar has advanced more than 10 per cent over the past month. Malaysia’s ringgit advanced 1.3 per cent to its strongest since October 2024, while South Korea’s won also strengthe ...

Two months ago, Scott Bessent, Stephen Miran and conventional macroeconomic analysts all agreed on one point: an increase in tariffs should raise the value of the dollar. CEA Chair Miran also ...

The U.S. dollar has been a symbol of American power for decades. Of the $7.5 trillion in global currency transactions that take place each day, some 90 percent feature the dollar. The majority of ...