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Showing 131 - 140 of 1263 results for "US Dollar"

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 ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... inflation is on the reverse, thanks to the Fed's pause - the Philippine peso has appreciated by nearly 1% against the US dollar since the start of 2019 and by 4.3% to P52.08/US$1 from its 2018 low - and the downswing in crude oil prices - Brent oil ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... fiscal push," Taylor says. He says there is no longer a strong case for the Australian dollar to weaken against the US dollar and it would break 70 cents in the near term, ending 2019 at 65 cents. Meanwhile, disappointing CPI and Producer Price Index ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... infrastructure investment of two years ago is past, Anthony noted. He sees the Australian dollar weakening to 0.65 against the US dollar over one to two years, making an Aussie dollar short a good hedge. Anthony is quick to point out that he is forecasting ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... and services more competitive in the world market. Not only that, exporters would receive an extra boost from their US dollar earnings when translated back into Australian dollars. Wait there's more! Australian import-competing industries would also ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... from 31.1%. This brings good tidings to America and by extension, emerging markets, through its flow on effects on the US dollar (a weaker one). However, a weakening US dollar will have to be reflected by strengthening in other major currencies, such ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... MSCI developed equity index is down 9% and the emerging market measure has fallen by 13.3% over the same period. The US dollar index is rising while at the same time emerging market currencies are collapsing. Thomson Reuters/CoreCommodity CRB Commodity ...