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Showing 11 - 20 of 58 results for "US dollar index"

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... 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 its 2018 low and by 4.7% this year to date. The US dollar will only get stronger ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
The times, they are a-changin'. After reaching a peak of 103.01 on the 23 December 2016, the Bloomberg US dollar index began its long descent before hitting a three-year low of 89.19 in February this year - a 13.4% depreciation. The US dollar has ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... 2669.91 points, the fed funds rate is up 25 bps to 1.75%, 10-year US bond yields are up 55 bps to 2.96% and the US dollar index is 0.8% lower to a reading of 91.51, but is heading higher. Despite this, Factset reports that with half of the S&P 500 companies ...

The darling buds of inflation

BENJAMIN ONG  |  MONDAY, 15 JAN 2018
... tightening labor market" (Bloomberg) starting next month. And then, there's also the US dollar's weakness - the US dollar index (relative to major currencies) depreciated by 8.6% last year and is 1.4% lower this year to date - that would prop up import ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... markets could be put down to just another ordinary day on Wall Street. The S&P 500 index lifted just 0.1%; the US dollar index dipped a little (92.64 from yesterday's 92.51 close); Yields on two-year US Treasuries were unchanged and up by only one basis ...

On the road to normal

BENJAMIN ONG  |  TUESDAY, 19 SEP 2017
... Yields on the tenners went up by more - 16 bps to 2.22% over the same period. Though still small, the Bloomberg US dollar index has recovered some ground from last week's low reading of 91.35 to 92 overnight. The US dollar index's ascent had been limited ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... the Australian dollar's direction, sending it back up above US$0.80 overnight. The Fed's change of tone sent the US dollar index to its lowest level in 14 months that, in turn, is boosting commodity prices - the Thomson Reuters/CoreCommodity CRB Commodity ...

Fed trumps Trump

BENJAMIN ONG  |  THURSDAY, 25 MAY 2017
... (January 1994 when the index read 9.94) - the yield on 10-year US Treasuries were up a mere 2 bps to 2.26% and the US dollar index down a tad (0.2%) to 97.11. All these despite the increasing implementation risks of Trump's fiscal agenda - tax cuts ...

Obamacare one, Trump nil

BENJAMIN ONG  |  MONDAY, 27 MAR 2017
... bonds and 10-year TIPS (treasury inflation-protected securities) fell below 2.0%. No more reflation? Likewise, the US dollar index dipped by 0.6% to 99.63 - the lowest in seven weeks - from the week prior and down 3.5% from this year's high of 103.21. ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
... S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell by 1.1% and the yield on 10-year US Treasuries fell by 10 bps to 2.5%. And oh, commodity prices also soared. The Reuters/Jefferies ...