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Showing 211 - 220 of 365 results for "Exchange Rate"

Timely market surge for a tough budget

BENJAMIN ONG  |  TUESDAY, 13 MAY 2014
Looks like someone forgot to tell the stock markets that we're already halfway through May - halfway through the month that's statistically biased towards losing money. Market action over the past 24 hours shows that most have not gone away and those ...

Beggars at war

BENJAMIN ONG  |  MONDAY, 12 MAY 2014
... monetary policies last week. All three kept interest rates unchanged. All three are closely monitoring their currencies exchange rate against Uncle Sam's legal tender. And they don't like what they see. The Australian dollar has risen by 4.5% against ...

Bouncy bouncy

BENJAMIN ONG  |  TUESDAY, 15 APR 2014
... of the clearest signal yet that it's about to act, ECB chief Mario Draghi declared that "The strengthening of the exchange rate requires further monetary stimulus. That's an important dimension for our price stability." And for that bit extra hammering ...

The waiting game

BENJAMIN ONG  |  MONDAY, 31 MAR 2014
... what GG wants it to go. It's climbing back up and looks headed to US$0.93. "The long-running equilibrium of the exchange rate is probably lower and we have been quite consistent in saying that." We know from GG's previous comments that he thinks the ...

SMSFs still under-invested in global shares

MARK SMITH  |  MONDAY, 24 MAR 2014
... consider having their portfolio professionally managed, ideally in a way that manages both market downside risk and exchange rate risk.

Whatever works

BENJAMIN ONG  |  MONDAY, 24 MAR 2014
... percent previously." According to the PBOC, this is in line with the government's move towards a market-determined exchange rate and the central bank's intent to curb one-way bets (appreciation) in the yuan. Yeah, sure! Gauging from the market's reaction ...

China's art of currency war

BENJAMIN ONG  |  TUESDAY, 18 MAR 2014
... reference rate fixing. According to the PBOC, this is in line with the government's move towards a market-determined exchange rate and the central bank's intent to curb one-way bets (appreciation) in the yuan. Except for those long yuan gamblers, heard ...

Never good enough

BENJAMIN ONG  |  THURSDAY, 6 MAR 2014
Yeah, it's good but... This is the overriding verdict of the country's oft-quoted economists to the latest Australian national accounts report that showed our economy grew by a larger-than-expected 0.8% (expectations 0.7%) in the December quarter and ...

NAB reports $1.4 billion net profits

JAMES FERNYHOUGH  |  MONDAY, 24 FEB 2014
National Australia Bank (NAB) has reported unaudited net profits of $1.4 billion and unaudited cash earnings of $1.55 billion for the December quarter. The latter figure represented a 7% rise from the corresponding period, and was 2% above the quarterly ...

RBA and Melbourne Cup two-fecta

BENJAMIN ONG  |  TUESDAY, 5 NOV 2013
... audiences at Citi's 5th Annual Australian & New Zealand Investment Conference in Sydney that, "These levels of the exchange rate are not supported by Australia's relative levels of costs and productivity."? And before this, right after the RBA Board ...