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    • Dollar Steady, Set for Strongest Monthly Gain Since July

    By on March 30, 2026
    Dollars
    Dollars

    Singapore:  The US dollar was broadly steady on Monday, heading for its strongest monthly performance since last July amid investor concerns over the repercussions of military escalation in West Asia.

    The euro rose by 0.1 percent to USD 1.15145 but remains on track to post a monthly decline of about 2.5 percent, marking its weakest performance since July.

    The British pound stood at USD 1.3271, showing little change during the session, and is set to record a monthly decline of 1.7 percent.

    The dollar index, which measures the US currency against a basket of six major currencies, fell by 0.2 percent to 100.1 points.

    The Japanese yen strengthened to 159.70 per dollar after touching 160.47 earlier in the session, its lowest level since July 2024.

    Meanwhile, the Australian dollar declined to a two-month low of USD 0.6843 and is heading for a monthly drop of about 3.5 percent, its largest since December 2024. The New Zealand dollar also fell by 0.3 percent to USD 0.57355, marking a monthly decline of 4.3 percent.

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