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Showing 121 - 130 of 1022 results for "Yen"

More negatives

BENJAMIN ONG  |  TUESDAY, 16 FEB 2016
... negative territory if judged as necessary". The latest GDP growth numbers - along with the recent strengthening in the Japanese yen - suggest it's now necessary (or at least, very, very close to it). The yen has risen from last year's low of Â¥125.63 ...

Gold starts to glisten (like 2008?)

BENJAMIN ONG  |  MONDAY, 15 FEB 2016
... banks try to goose the system with more liquidity and this time, negative interest rates. The BOJ and the ECB are pumping yen and euros - both have embarked on negative interest rate policy with promises to do more "if it becomes necessary". The Swiss ...

BOJ goes negative to get postive

BENJAMIN ONG  |  MONDAY, 1 FEB 2016
... month. The hope is that the BOJ's introduction of negative interest rates would ease current upward pressure on the Japanese yen while at the same time stimulate lending and consumption in the domestic economy. "It will cut the interest rate further ...

Down but upbeat

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2016
... this year and 7.2% lower against the yuan from a year earlier. The Australian dollar has also fallen against the euro and the yen - despite their respective central bank's efforts to down their legal tenders - and also against the pound. And then there's ...

And then there's gonna be five

BENJAMIN ONG  |  TUESDAY, 1 DEC 2015
... a bit of an anti-climax but it's now official... the Chinese yuan will formally join the US dollar, the euro, the Japanese yen and the British pound in the International Monetary Fund's basket of reserve currencies known as Special Drawing Rights (SDRs) ...

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
... CHF1.20/Euro exchange rate cap. It soared by 22.4 against the euro, 20.2% versus the US dollar and 19.4% versus the Japanese yen. This despite announcing counter-measures - it took its negative interest rate policy (NIRP) more negative -- "...it is lowering ...

Japan does a double double-dip

BENJAMIN ONG  |  TUESDAY, 17 NOV 2015
... of rising company profits aided by the BOJ's qualitative and quantitative easing policy (QQE) that depreciated the Japanese yen vis-A -vis its competition. Business investment dropped by 1.3% in the three months to September period and followed a 1.2% ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
... Sam's behind. The problem is a dovish statement from the Fed could weaken the US dollar - i.e. strengthen the euro and the yen and other currencies - necessitating even more stimulus from other central banks and then we go round and round "like a circle ...

Santa Mario brings cheers

BENJAMIN ONG  |  FRIDAY, 23 OCT 2015
... expectations for more policy accommodation even before the ECB's yuletide cheer. The euro's 1.1% depreciation against the yen following Draghi's more stimulus hint raises the odds that the BOJ would announce a serving of its own when it meets next week ...

Sunrise, sunset

BENJAMIN ONG  |  THURSDAY, 22 OCT 2015
... is not improving. Yet, according to Reuters, Japan Exchange Group data showed that, "Foreigners bought a net 210.3 billion yen ($1.77 billion) worth of Japanese cash stocks during the Oct.5-Oct. 9 week, snapping an eight-week net selling streak". The ...