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| | | ... but it will happen. It may be a bit of an anti-climax but it's now official... the Chinese yuan will formally join the US dollar, the euro, the Japanese yen and the British pound in the International Monetary Fund's basket of reserve currencies known ... |
| | | | ... 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 counter-measures - it took its negative interest rate policy (NIRP) ... |
| | | | ... rallied 1.6% overnight and yield on 10-year US Treasuries increased only slightly from 2.26% to 2.27% and Bloomberg's US dollar spot index went down by 0.1%, albeit from an eight-month high. Yes folks, we have prepared and are now prepared for a December ... |
| | | | ... Yield Capped Index, which is composed of liquid, global developed, high yield corporate bonds. The iShares J.P. Morgan US Dollar Emerging Markets Bond ETF will be benchmarked against the J.P. Morgan EMBI Global Core Index, which includes US dollar denominated ... |
| | | | ... of 2014 (when lift-off speculations first surfaced). In any case, renewed lift-off speculations have again lifted the US dollar. Against major currencies, the greenback has surged to its highest level since 2004. Now think what that this dearer currency ... |
| | | | ... unemployment but, according to Moffitt, there are good reasons to be optimistic. The Australian dollar's 30% fall against the US dollar since 2013, coupled with a 100 basis point drop in the cash rate in same period, have made the Australian market more ... |
| | | | ... winking, nudge, nudging that it's gonna lift at their next meeting. It's for all to see in the 0.7% jump in Bloomberg's US dollar spot index to 97.59 overnight - the highest in two months. It's for all to see in the 5bps rise in the 10-year US Treasury ... |
| | | | ... America....and what goes around comes around. Weak global growth (i.e., weak foreign demand) - coupled with a strong US dollar - is taking its toll on US exports (down 2% in August to its lowest level since October 2012 which, in turn, is pulling down ... |
| | | | ... this coming Friday, have practically made the Fed's policy stance tighter by re-strengthening the exchange value of the US dollar. Bloomberg's US dollar spot index climbed by 2.5% last week with the euro dropping by 3.1% between 16 October and 23 October ... |
| | | | ... Janet. Keeping the faith that US interest rates would be normalised soon would only serve to enhance the strength of the US dollar - already beefed up against by the ECB and PBOC's (and potential BOJ) moves - and reduced the upward momentum in the American ... |
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