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Showing 331 - 340 of 1263 results for "US Dollar"

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
... global fixed income portfolio manager Sean Reynolds. The recent fall in the Australian dollar to 73 cents against the US dollar has closed the gap in the country's terms of trade, which have been declining due to falling iron ore prices. According to ...

Three for three

BENJAMIN ONG  |  FRIDAY, 14 AUG 2015
... one with a second one and a third. But financial markets, instead, stabilized. Here's the chart of the Chinese yuan/US dollar exchange rate that littered the financial presses carefully designed to scare the beejeesus out of you, I and Irene. Note that ...

PBOC does an SNB

BENJAMIN ONG  |  THURSDAY, 13 AUG 2015
... desperation for its slowing economy, I lean more towards the "currency liberalisation" camp. Given the upward trend in the US dollar, the PBOC just did for the market what the market would have done for the yuan anyways - take it down - when it's completely ...

Too much ado about a speck

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2015
... dirty. The People's Bank of China (PBOC) announced a revaluation of the yuan, lowering its exchange rate versus the US dollar from 6.2097 to 6.3231. The US$ dollar buys 6.3250 this morning. This is good, is it not? China has given the markets what they ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Magellan Financial Group reported a 110% increase in net profit for the year to 30 June 2015 mainly thanks to double digit returns in all of its funds. "The largest contributor to funds under management during the past was actually investment performance. ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
... surprisingly huge stimulus from China could turn the tide on commodity pricing. But commodity pricing also depends on the US dollar - it has a negative correlation, US dollar up, commodity prices down. The Fed's lift-off when it comes - be it September ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
... interest rates... just yet. The British currency's reaction confirmed this - it slipped by 0.6% overnight against both the US dollar and the euro. The interest rate outlook is also supported by the BOE's latest growth and inflation forecasts. The MPC's ...

Market to open lower

AAP  |  FRIDAY, 24 JUL 2015
... parliament's approval of a second batch of reforms. HONG KONG - Asian markets mostly rose, with Tokyo lifted by a stronger US dollar as investors positioned for a US rate hike, and Shanghai extended its rally. Tokyo rose 0.44 per cent, or 90.28 points ...

Gold's no longer gold

BENJAMIN ONG  |  TUESDAY, 21 JUL 2015
... stratosphere. One such explanation is the international financial community's growing fear about further devaluation of the US dollar. Not true no more. US dollar weakness has prompted China, Russia and India to propose that the greenback be replaced ...

A$ down but would it stay down?

BENJAMIN ONG  |  MONDAY, 20 JUL 2015
... where I'm going with this Virginia, don't you. The A$ action - like we've seen over the past few months - is mainly a US dollar story, i.e., it depends on whether or not the Fed lifts and when it lifts. Will it? Can it? Not if you ask the Federal Reserve ...