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Showing 161 - 170 of 365 results for "Exchange Rate"

Yellen fedspeaks her mind

BENJAMIN ONG  |  THURSDAY, 11 FEB 2016
... Chinese growth, declines in the foreign exchange value of the renminbi have intensified uncertainty about China's exchange rate policy and the prospects for its economy. This uncertainty led to increased volatility in global financial markets and, against ...

Who spooked the greenback?

BENJAMIN ONG  |  FRIDAY, 5 FEB 2016
... manufacturing in the United States, slower progress on hitting the inflation target, and financial tightening through the exchange rate and rising risk spreads on financial assets." This echoes NY Fed Dudley's his warning that, further US$ strength could ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
... appropriate because the Australian dollar is doing the re-equilibrating of the economy for the central bank. "The exchange rate has continued its adjustment to the evolving economic outlook". This time, Gov Glenn didn't even have to use his jawbone to ...

Four steps up, four steps down

BENJAMIN ONG  |  THURSDAY, 10 DEC 2015
... Zealand dollar has risen since August, partly reversing the depreciation that occurred from April. The rise in the exchange rate is unhelpful and further depreciation would be appropriate in order to support sustainable growth." "CPI inflation is below ...

ASX jumps "despite" naughty news

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2015
... economic data and the Reserve Bank keeping rates on hold" to which we could add, the consequent jump in the A$/US$ exchange rate to over US$0.73. The same statement could easily apply had the ASX 200 index dropped by 1.9% by simply changing the word ...

And then there's gonna be five

BENJAMIN ONG  |  TUESDAY, 1 DEC 2015
... the yuan does indeed is pressured higher? Could the Politburo stand idly by and let "market forces" and watch the exchange rate take a wrecking ball to the economy they've successfully nurtured to become the second biggest in the world? The PBOC's surprise ...

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
... describing the shock financial markets received when on 15 January, the SNB abandoned its 3-year old 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 ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
... 3.1% between 16 October and 23 October to US$1.1010 (when Santa Mario came to town). Still, Draghi insists that the exchange rate is "important for price stability, for growth, but it's not a policy target. The movements in the exchange rate (over) three ...

Holding pattern

BENJAMIN ONG  |  THURSDAY, 8 OCT 2015
... "Inflation is thus forecast to remain consistent with the target over the next one to two years, even with a lower exchange rate." (RBA) "The year-on-year rate of change in the CPI is likely to be about 0 percent for the time being, due to the effects ...

Yuan stable (for now)

BENJAMIN ONG  |  TUESDAY, 8 SEP 2015
... Turkey when they released the communique stating: "We reiterate our commitment to move toward more market-determined exchange rate systems and exchange rate flexibility to reflect underlying fundamentals, and avoid persistent exchange rate misalignments." ...