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Showing 161 - 170 of 1263 results for "US Dollar"

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... has tumbled to a record low peso 29.94/US$1. The Indian rupee is also trading at record lows (rupee 69.93) versus the US dollar and the South African rand - currently exchanging at 14.37 to US$1 - has dropped to two-year lows. There are many more and ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... on steel and aluminium. And down, down, down the Turkish lira went. It dropped to an all-time low of lira 6.3714 per US dollar at the end of last week's trading (10 August) - a 20.3% dive from the previous week's closing of lira 5.0766 and 40.9% ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... moderate" and that "on balance, wage increases were modest to moderate". And of course, there's the appreciating US dollar that's preventing even higher inflation. However, the same "modest to moderate" increase in wages is negatively impacting ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... competitive in the world market (even with higher tariffs). Not only that, exporters would receive an extra boost from their US dollar - or euro or yen or pound or yuan) earnings when they're translated back into Australian dollars. Wait there's ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... sentiment on emerging markets swung negative in recent weeks on concerns over tariffs, trade, global growth and a resurgent US dollar, the US US$434 billion asset manager said. In all, investors pulled out about $6 billion from EM bonds in the week ending ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... the US and everybody else morphs into an all war then we can kiss our bottom dollar goodbye. Speaking of which, the US dollar has already bottomed early this year. At the end of June, the US dollar index (against major currencies) has risen by 7.7% from ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... most are now standing up and paying attention at the yuan's drop. Overnight, the yuan traded at 6.60 yuan against a US dollar, down from this year's high of 6.26 and the weakest it's been since December last year. What surprised me was Bloomberg's ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... raised. Headlines on trade disputes that could hit Asian exporters haven't helped." (Bloomberg). The ascent in the US dollar underscores this. Bloomberg's US Dollar spot index has risen by 6.3% to 94.79 from this year's low of 89.16, partly ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... by the 4.7% depreciation in the yen to ¥110.16/US1 from ¥104.93/US1 over the same period. While the strengthening US dollar is partly responsible for the yen's recent weakness, credit also goes to the BOJ when it ditched the forward guidance on the ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... local currency, reducing cost and hassle, Machet said. Currencies in the GCA currently include the Australian Dollar, US Dollar, British Pound, Euro, Canadian Dollar, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Singapore Dollar and the Swiss ...