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Showing 21 - 30 of 365 results for "Exchange Rate"

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... forced to pay more than $17 billion of margin to counterparties as they used currency derivatives to hedge foreign exchange rate risk on foreign-denominated investments. "Fund-level data show that funds with larger hedging ratios going into the pandemic ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
"Betterer and betterer!" Like Alice who "quite forgot how to speak good English", there appears to be universal optimism over the economic outlook as central banks watch "through the looking glass". This sentiment is echoed by the Reserve Bank of Australia ...

Chief economist update: Nikkei not so fine

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... gaming the system. This disconnect is highlighted by the breakdown in the negative correlation between the US$/Â¥ exchange rate and the Nikkei. The disruption of supply chains and closure of international borders brought on by the pandemic, compounded ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... investor housing and business credit growth remain weak despite highly accommodative financial conditions and, the exchange rate has appreciated and is in the upper end of the range of recent years - this was since early 2018. Akin to China, the Australian ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... 2020 because: "China has made enforceable commitments to refrain from competitive devaluation and not target its exchange rate for competitive purposes". That was before the COVID-19 pandemic. Compared with other nations around the globe, the Politburo's ...

Chief economist update: COVID with a vengeance

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2021
... top in the first. So far, the British currency's reaction has been relatively muted. Sterling's effective exchange rate has depreciated by 2.5% in 2020 -because central banks around the world have been responding almost in unison (through increased ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
... UK. But before you cry, "the sky is falling", note that the UK has left a European grouping not so long ago - the Exchange Rate Mechanism (ERM) that was aimed at promoting financial stability across Europe. The UK exited the ERM on 16 September 1992 ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... dynamics of the pandemic and the timing of vaccine roll-outs. "We will also continue to monitor developments in the exchange rate with regard to their possible implications for the medium-term inflation outlook. The Governing Council therefore continues ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... challenges are being compounded by the second wave in the US and in Europe via their impact on the Japanese yen exchange rate. The resurgence of infections have already prompted both continents to re-impose restrictions and sparked safe-haven yen purchases. ...

ASIC to curb huge CFD losses

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
... 29 March 2021 for 18 months. Among the many changes, leverage will be restricted to 30:1 for CFDs referencing an exchange rate for a major currency pair; 20:1 for CFDs referencing an exchange rate for a minor currency pair, gold or a major stock market ...