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

Search Results

Showing 111 - 120 of 253 results for "Greenback"

Real stagflation

BENJAMIN ONG  |  FRIDAY, 31 OCT 2014
... her narrow victory at the 26 October polls. The Brazilian real dropped 3.4% to a nine-year low of 2.5415 versus the greenback on the first day of trading after the results were announced. The Bovespa index dropped by 2.8%. Rightly or wrongly, the disappointment ...

QEnd

BENJAMIN ONG  |  MONDAY, 27 OCT 2014
... read 88.02. If the Fed goes ahead and makes the final cut this Wednesday, wouldn't that put more upward pressure on the greenback and hence, "have negative consequences" for US growth? More so, because this comes at the same time that financial markets ...

October h(a)unting

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2014
... lower exports and higher imports - that equates to lesser economic growth overall. We all know the reason behind the greenback's go, go, going -- speculations that the Fed would raise rates sooner rather than later. But before the Fed goes for this ...

Average September on average

BENJAMIN ONG  |  MONDAY, 29 SEP 2014
... the time when US indicators and growth was polar vortexed into weakness. And that time the US dollar was weaker. The greenback's now trading at around 1.27 versus the euro (from 1.38 at the start of the year), 109.21 against the yen (from 105.11) and ...

Someone mentioned the "S-word" on Wall Street

BENJAMIN ONG  |  FRIDAY, 26 SEP 2014

"Considerable time", is it a-changin'?

BENJAMIN ONG  |  TUESDAY, 16 SEP 2014
... 'or not', thereby sending the US dollar higher and higher. As per Reuters, "The dollar index.DXY, which measures the greenback against a basket of major currencies, was last down 0.08 percent at 84.227. It has risen for the ninth week, the most weeks ...

Market Wrap AM

AAP  |  MONDAY, 15 SEP 2014
... eight-month high on Friday, gaining 0.25 per cent, or 39.09 points, to 15,948.29 as the yen lost further ground against the greenback, shrugging off a weak lead from Wall Street. Hong Kong stocks eased 0.27 per cent, or 67.32 points, to 24,595.32 and ...

Market Wrap AM

AAP  |  WEDNESDAY, 10 SEP 2014
... US dollar broke above the Y106 level for the first time since the height of the financial crisis in October 2008. The greenback picked up in New York after Friday's disappointing US jobs data was put into perspective by another round of weak Japanese ...

Sunrise, sunset

BENJAMIN ONG  |  THURSDAY, 28 AUG 2014
... in April last year. The Nikkei-225 index soared by 56.7% last year following the yen's 17.7% depreciation versus the greenback. However, the yen has appreciated by nearly 1.0% this year to around A¥104.1 per US dollar from A¥105.11 at the start of ...

China's winning

BENJAMIN ONG  |  TUESDAY, 12 AUG 2014
... China. The Shanghai Composite Index's up by 5.1% this year to date and the yuan's reversing its decline against the greenback -- it's currently trading at 6.1536 against the US dollar, up 1.7% from this year's low of 6.2593 it hit back in May.