U.S. dollar News

Gold Prices Retreat from 10-Week High Amid U.S. Dollar Strength and Policy Uncertainties

Gold prices faced a downturn, with Saigon Jewelry Company reporting a 0.46% decline in gold bar and ring prices. Globally, despite a strong U.S. dollar, gold prices remained on a w...

Trump's Treasury Nominee Emphasizes the Importance of Dollar's Global Reserve Status Amid Economic Challenges

Scott Bessent, Trump's Treasury nominee, stresses the importance of maintaining the U.S. dollar's global reserve status amidst economic challenges, including an affordability crisi...

Why Did Gold Prices Drop? Analyzing the Global Market Trends and Local Impact

Gold prices have seen a slight decline locally, while global spot gold prices rise. Market strategists attribute these trends to a stronger-than-expected U.S. job report and the su...

Gold Prices Surge: A Safe Haven in Uncertain Times as U.S. Dollar Softens

Gold prices have surged, with Saigon Jewelry Company reporting a 0.59% increase in gold bar prices to VND85.5 million per tael. Globally, gold benefits from a softer U.S. dollar an...

South Korean Won Hits Record High Against USD Since 1997 Financial Crisis

The Korean won-U.S. dollar exchange rate has surged to nearly 1,500 won, the highest since the global financial crisis, with the fourth-quarter average reaching 1,398.75 won. This ...

South Korea's Foreign Reserves Continue to Decline Amid Surging Dollar

South Korea's foreign exchange reserves have decreased for two consecutive months due to the strength of the U.S. dollar. According to data released by the Bank of Korea (BOK) on D...

Gold Prices Plummet Amidst Global Market Uncertainty

Gold prices have experienced a significant decline, losing 0.7% to reach VND84.1 million per tael. This downturn follows a four-session rally and is attributed to a stronger U.S. d...

Gold Prices Plummet Amid U.S. Dollar Strength and Stalled Inflation

Gold prices experienced a significant drop as the U.S. dollar strengthened and inflation progress stalled. Saigon Jewelry Company's gold bar decreased by 0.23% to VND85.3 million p...