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Showing 91 - 100 of 253 results for "Greenback"

A$ at 80c

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2015
... (US$0.8021) - the first time since January this year and is 6.5% up from the US$0.7533 touched about the same time as the greenback hit its highs in March. Now, not only are speculations of delayed Fed action bumping our currency, commodity prices - ...

Steady with a chance of a surprise

BENJAMIN ONG  |  MONDAY, 27 APR 2015
... no reason to countenance an adjustment at this time. The yen has depreciated sharply from around the mid-A¥70's to a greenback in 2011/12 to A¥100 following Prime Minister Shinzo Abe's victory at the 16 December 2012 elections (and the birth of 'Abenomics' ...

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
... soaring if the markets really, truly believed this, would it not? But nah, the US dollar index (saves me from quoting the greenback's exchange against a host of currencies) fell on the same day that the "bad" inflation report was released - down by 0.1% ...

China's trade trouble

BENJAMIN ONG  |  TUESDAY, 14 APR 2015
... time, it's now around 99.5 (a 33% appreciation!). So now China's currency is appreciating +/-2% along with the soaring greenback. Over the past 12 months, the yuan's risen by 20% against the yen, 33% against the euro, 18% against the pound and 25% versus ...

Strike three

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2015
... US$0.7640. Is this morning's reversal in the A$/US$ exchange from yesterday's sharp rebound a function of the re-strengthened greenback - the US dollar index gained by 1.2% overnight - or ramped expectations that the RBA will cut interest rates in May? ...

PMI surveys say...

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2015
... that of Japan's and China's. The latest Markit US Manufacturing PMI reading suggests it will for despite the strong greenback, the USA is doing A-OK. Here are Markit's dot points on the flash March reading: Sharpest rise in output since September 2014 ...

Another cut's in the mail?

BENJAMIN ONG  |  TUESDAY, 24 MAR 2015
... for financial markets". True. But what is also true is that a go-slow Fed has also eased the upward pressure on the greenback or, seen through Australian eyes, reduced downward pressure on the Australian dollar. Gov Glenn doesn't like it like that. The ...

A win-win currency war?

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2015
... ECB and all other central banks that have pushed their respective yields below US Treasuries and we get more fuel for greenback appreciation and the upward pressure on Treasuries exerted by a rates lift off offset by foreign purchases of US Treasuries. ...

Market Wrap AM

AAP  |  TUESDAY, 17 MAR 2015
... recent gains have raised worries about the drag on US multinationals, but on Monday the euro rose slightly against the greenback, to $US1.0590 from $US1.0489 on Friday. LONDON - European stocks rallied on optimism over quantitative easing in the eurozone ...

Market Wrap AM

AAP  |  MONDAY, 16 MAR 2015
... euro dipped, keeping it on course to reach parity with the US dollar, one day after striking a 12-year low against the greenback. The euro stood at $US1.0512 after striking a 12-year low at $US1.0495 on Thursday. HONG KONG - Asian markets mostly rose ...