Dollar bobs near 7-week high after strongest week in two years

Singapore News News

Dollar bobs near 7-week high after strongest week in two years
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

NEW YORK :The U.S. dollar hovered near a seven-week high on Monday as investors reassessed their positions following Friday's strong U.S. jobs data and amid rising tensions in the Middle East.

NEW YORK :The U.S. dollar hovered near a seven-week high on Monday as investors reassessed their positions following Friday's strong U.S. jobs data and amid rising tensions in the Middle East.

"We're still having a bit of follow through from Friday's jobs data and you can see this on the US interest rates and I think this is what's helping give the dollar a bit of a lift here today against most of the major currencies," said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York.

In the Middle East, Hezbollah fired rockets at Israel's third largest city Haifa early on Monday as Israeli forces looked poised to expand ground incursions into southern Lebanon on the first anniversary of the Gaza war, which has spread conflict across the Middle East.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Multi-Million Dollar Projects Launched In Indonesia's New Capital NusantaraMulti-Million Dollar Projects Launched In Indonesia's New Capital NusantaraPresident Joko Widodo has officially launched multi-million dollar construction projects in Indonesia's new capital city, Nusantara. The projects, spearheaded by firms from China, Russia and Australia, will include luxury hotels, serviced apartments and shopping malls.
Read more »

Biden, Harris and Trump visit September 11 site in New YorkBiden, Harris and Trump visit September 11 site in New YorkNEW YORK: President Joe Biden, Vice President Kamala Harris and former President Donald Trump made a rare joint appearance on Wednesday at the New York City site that marks the September 11 plane attacks in 2001 that killed nearly 3,000 people.
Read more »

Biden, Harris and Trump visit Sep 11 site in New YorkBiden, Harris and Trump visit Sep 11 site in New YorkNEW YORK: President Joe Biden, Vice President Kamala Harris and former President Donald Trump made a rare joint appearance on Wednesday at the New York City site that marks the September 11 plane attacks in 2001 that killed nearly 3,000 people.
Read more »

Harvey Weinstein charged in New York with additional crimes, prosecutor saysHarvey Weinstein charged in New York with additional crimes, prosecutor saysNEW YORK: Harvey Weinstein has been hit with new criminal charges, a prosecutor said on Thursday (Sep 12), as the Manhattan district attorney's office prepares to retry the former movie mogul following the reversal of his rape conviction.
Read more »

Justin Timberlake expected in New York court to plead guilty in drunken driving caseJustin Timberlake expected in New York court to plead guilty in drunken driving caseA person with knowledge of the deal said Timberlake has agreed to admit guilt to a lesser offense of driving while ability impaired”, a traffic violation that carries a US$300 (S$390) to US$500 fine and a 90-day license suspension.
Read more »

S’pore ride-hailing firm Ryde stock plunges over 80% on New York Stock ExchangeS’pore ride-hailing firm Ryde stock plunges over 80% on New York Stock ExchangeAnalysts said such share price volatility is not uncommon for small tech stocks listed in the US.
Read more »



Render Time: 2025-03-18 21:55:51