Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 366 results for "Exchange rate"

A matter of assumptions

BENJAMIN ONG  |  TUESDAY, 26 SEP 2017
... for a while yet." It's encouraged by the slowing in the property market but apprehensive over the "appreciating exchange rate" and "growth in housing debt" that "has been outpacing the slow growth in household incomes." Understandably, with the balance ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
They were just hours apart but the US Federal Reserve and the Bank of Japan's monetary policy decisions were as wide as their geographic locations, perhaps wider. While both central banks kept existing policies unchanged at their September meetings ...

China slows to target

BENJAMIN ONG  |  FRIDAY, 15 SEP 2017
... China growth stats did little to the country's financial markets. The Shanghai Composite index and the yuan/$US exchange rate dipped by 0.4% on the day the data were released (but these could also be due to the renewed US-North Korean tensions.) Still ...

Currency trend is not our friend

BENJAMIN ONG  |  MONDAY, 11 SEP 2017
... missive: "The Australian dollar has appreciated over recent months, partly reflecting a lower US dollar. The higher exchange rate is expected to contribute to the subdued price pressures in the economy. It is also weighing on the outlook for output and ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
... July meeting, and in that time, Draghi only made a passing reference to it by commenting that "the repricing of the exchange rate has received some attention." While the ECB kept monetary policy unchanged following last night's meeting, it did mention ...

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
... for unlike the extreme volatility of the GFC days, there was little of that during his term (so far). The A$/US$ exchange rate has fluctuated from US$0.7484 (the day before Lowe assumed office) to a high of US$0.802 and a low of US$0.7174 - a 7.2% appreciation ...

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
... and New Zealand (RBNZ) conducted their monetary policy meetings in August, and that is... they all want a lower exchange rate (please sir). Both the RBA and the RBNZ kept interest rates unchanged (at 1.5% and 1.75%, respectively). Apart from the usual ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... whatever household spending is left would likely be spent on cheaper imports, thanks to the Australian dollar's higher exchange rate.

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... BOE revised lower to 1.7% (from 1.9% in the May QIR) this year and 1.6% (from 1.7%) in 2018. Sterling's effective exchange rate has fallen by 1.3% this year to date and 13.1% since the 23 June 2016 Brexit referendum - down 12.0% against the US dollar ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... further than in one of the "key uncertainties" the RBA nominated in its 'Statement on Monetary Policy'. To wit: "The exchange rate is another source of uncertainty for the forecasts. The Australian dollar has appreciated by 5% on a trade-weighted basis ...