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Showing 221 - 230 of 253 results for "Greenback"

Greenback weakness not all good

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2009
... need for flight-to-quality bids. These are the reasons used to justify the sharp depreciation in the US dollar. The greenback fell to its lowest 2009 level against the euro overnight, with its trade weighted index dropping to its lowest since July. For ...

Aussie dollar rises to restore equilibrium

BENJAMIN ONG  |  TUESDAY, 8 SEP 2009
... of uncertainty is well...a mug's game. The recent surge in the Australian dollar's exchange rate versus the American greenback has most investors taking notice and is feeding the gossip mills. And why not? The Aussie has jumped to around US$0.8550 - ...

The Venus solution

BENJAMIN ONG  |  FRIDAY, 4 SEP 2009
Like everywhere else around the globe, Japan's equity markets have rebounded from the extreme pessimism that marked the low point of the global financial crisis back in March 2009. At the end of August, the Nikkei-225 index has risen by 48.7 per cent ...

Slippery - watch your step

BENJAMIN ONG  |  THURSDAY, 11 JUN 2009
... beyond their allocated quotas. The USD. The depreciation of the US dollar and expectations of further declines in the greenback are pushing oil prices higher. This is because trading in crude is done in US dollars. Oil prices go up when the US$ goes ...

Acronyms pull down USD

BENJAMIN ONG  |  THURSDAY, 21 MAY 2009
... in part. The overriding reason is the US Federal Reserve's flooding of the system with billions upon billions of the greenback. A case of 'too much of a good thing.' While we in the Southern Hemisphere were sleeping, the Fed was out shopping. The US ...

Treasure for trash

BENJAMIN ONG  |  TUESDAY, 24 MAR 2009
Here comes the meat! US Treasury Secretary Timothy Geithner finally served up the meat to his 10 February bail-out barbecue fizzler. And the market saw that it was good. Equity markets around the world rallied following the unveiling of the details ...

Go for gold

BENJAMIN ONG  |  FRIDAY, 20 MAR 2009
The US Federal Reserve's announcement that it is releasing freshly minted greenbacks worth US$1.25 trillion to rescue the convulsing economy threatens the return of high inflation when the current global financial crisis is but a painful memory. Inflation ...

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
... 1962. But wait. Look at the US dollar exchange rate. It too has tumbled against other major currencies overnight. The greenback depreciated by as much as 3.6 per cent against the euro, 2.4 percent versus the yen, 4.5 per cent against the Swedish krona ...

Invest in debt, but carefully

ALEX DUNNIN  |  FRIDAY, 27 FEB 2009
... added. Then there are currency factors to consider following the Australian dollar's 30 per cent depreciation against the greenback. Perry said the Loomis Sayles debt fund is fully hedged to protect investors against any anticipated currency reversal ...

AUD hits 24 year high against greenback

ALEX DUNNIN  |  MONDAY, 19 MAY 2008
The Australian dollar this morning hit a 24 year high against the US greenback. The AUD was trading at 95.5 cents, up 2 per cent since the beginning of the month and up a staggering 16.2 per cent since this time last year. Against the Euro and the Chinese ...