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Showing 91 - 100 of 1229 results for "US dollar"

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
... predicted the Australian dollar would end 2019 at US$0.66 a couple of months earlier: "...Unlike 2018 when broad-based US dollar strength and, towards the end of the year, global growth concerns, acted to drag the Aussie lower... the main factor that ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... 1.1% versus the greenback this year to date, still short of reversing the 2.7% appreciation against the strengthening US dollar it notched up in 2018. The yen has appreciated by 0.5% versus the euro this year to date, after strengthening by 7.0% in 2018. ...

Channel Capital signs on new partnership

KANIKA SOOD  |  FRIDAY, 29 MAR 2019
... are competitive. Despite geopolitical noise, global economic growth remains supportive as does potential moderation in US dollar strength," Malloy said. The new fund has a recommended rating from Zenith and is currently available on Powerwrap, with new ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... 1.5% versus the greenback this year to date, still short of reversing the 2.7% appreciation against a strengthening US dollar it notched up in 2018. "...spending being maintained in both the corporate and household sectors"? Retail sales slowed for the ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... turn, provided extra impetus to their already slowing economic growth. Thanks to its semi-peg (dirty float?) versus the US dollar, China's currency didn't suffer the similar magnitude of depreciation as its emerging market peers. But no thanks. ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... since the 1.3% growth rate recorded in the June 2016 quarter. Wall Street's reaction: equity markets dipped, the US dollar index advanced and the yield on US Treasuries rose. Such financial market configuration suggests that expectations could be ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... trading at US$0.7141, up 0.04% from the previous trading day and up 1.3% this year to date. In turn, Bloomberg's US dollar spot index has risen 0.14% overnight and is just marginally lower (-0.03%) lower since the start of 2019. You thinking what ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... that makes Japanese exports dearer and Japanese imports cheaper. The yen appreciated by 2.7% against the strengthening US dollar in 2018. The Fed's pause announced early this year sent the yen from the ¥113.96 December 2018 low to a high of ¥108.29 ...

J.P. Morgan introduces digital currency for instos

JAMIE WILLIAMSON  |  FRIDAY, 15 FEB 2019
J.P. Morgan is launching its own digital currency to harness the benefits offered by blockchain. The largest bank in the US is getting ready to roll out JPM Coin, representative of a fiat currency and designed to make instantaneous payments between ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... don't operate in a vacuum. The New Zealand dollar jumped by 1.6% to a one-week high versus the re-strengthening US dollar following the RBNZ's announcement - the reaction to the RBNZ's action (or in this case, inaction). The appreciating ...