Dollar and euro drift, yen slips as markets seek direction

Business Recorder • Oct 20, 2026

SINGAPORE: The US dollar churned at the start of trading in Asia on Tuesday as a tepid recovery in investor confidence bolstered ​higher-yielding currencies, but growing political risk in Europe continued to test ‌traders’ nerves. The euro was steady at $1.12...

SINGAPORE: The US dollar churned at the start of trading in Asia on Tuesday as a tepid recovery in investor confidence bolstered ​higher-yielding currencies, but growing political risk in Europe continued to test ‌traders’ nerves. The euro was steady at $1.1216, while the British pound rose 0.1% to $1.3308. The Australian dollar was up 0.1% at $0.6986, while its New Zealand counterpart nudged 0.1% higher to $0.5668....