Stay updated with breaking news from Us Economic Data. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KUALA LUMPUR: The ringgit continued to weaken against the US dollar as the 10-year United States Treasury yield rose to 4.91 per cent -- the highest since 2007, suggesting that inflation premium is on the rise, said an analyst.
KUALA LUMPUR: The ringgit opened lower against the greenback as the latest set of strong US economic data strengthened the higher-for-longer scenario for American interest rates, spurring a jump in US bond yields, analysts said.
SINGAPORE: The dollar dipped on Friday but traders were largely keeping to the sidelines in both the currency and US...
One of Wall Street’s enduring lessons, “inverted yield curves don’t always predict recessions, but all...
Federal Reserve Bank of Minneapolis President Neel Kashkari was one among several Fed voices to caution markets on the possibility of more hikes, saying on Wednesday that ample evidence of ongoing economic strength meant that more tightening might be in the pipeline.