US dollar struggles to recover from dovish Powell gut punch
The US dollar attempted on Monday to pull itself up from a four-week low on the euro after a dovish pivot from Federal Reserve Chair Jerome Powell sent it tumbling more than one per cent.
Ringgit rises against greenback as US Fed signals rate cut in September
The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell signalled the possibility of an interest rate cut in September.
SINGAPORE: Japanese rubber futures ended higher on Thursday, supported by higher oil prices and persistent concerns over adverse weather in top rubber-producing regions, while traders assessed yield prospects during the peak production season.