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Forex 02 May 2020 | 7:00 AM

Global forex market

THE dollar depreciated 1.26% to 99.11 largely due to the month-end rebalancing added with the dovish Federal Open Market Committee (FOMC) meeting after the Federal Reserve (Fed) opened the door for more monetary easing and dampened expectations for a quick economic recovery from the coronavirus crisis.

Forex 26 Oct 2019 | 7:00 AM

Global Forex Market

THE dollar appreciated by 0.36% to 97.631 following a confluence of factors such as the dovish ECB meeting; higher demand for safe-haven assets as optimism in the US-China trade talks was offset by another round of Brexit saga; and better-than-expected flash PMI data with the October Markit manufacturing PMI preliminary estimate rising to 51.5 points from 51.1 points in September and beating market expectation of 50.7.

Forex 07 Sep 2019 | 7:00 AM

Global Foreign Exchange Market

Amid a short working week with the Labour Day break on Monday, the dollar weakened by 0.51% to 98.41 due to global risk-on sentiment as Washington and Beijing agreed to hold high-level talks in October, raising hopes of a de-escalation in trade tensions that has battered global economic growth.

SMEBiz 15 Jul 2019 | 12:00 AM

Bend and not break

THERE is always life after the arena, as Sarina Sundara Rajah, 37, has found. The former national rhythmic gymnast was down and out after suffering from a knee injury at her peak. Fortunately for her, she found coaching a good path to fall back on.