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Showing 491 - 500 of 1263 results for "US dollar"

Market Wrap AM

AAP  |  THURSDAY, 3 APR 2014
... enjoyed a healthy rally following positive manufacturing data from the US and Europe, while Tokyo was also boosted as the US dollar pushed towards the 104-yen level. Tokyo on Wednesday climbed 1.04 per cent, or 154.33 points, to close at 14,946.32, Seoul ...

Market Wrap AM

AAP  |  WEDNESDAY, 26 MAR 2014
... lead in response to anaemic US and Chinese manufacturing data. But the euro held on to the gains it made against the US dollar after an upbeat survey of European factory activity raised hopes for the eurozone, while the Indian rupee hit a seven-month ...

A$ rising on China slowing

BENJAMIN ONG  |  TUESDAY, 25 MAR 2014
... Virginia... not with headlines proclaiming the Australian dollar's comeback - as in, it's again on the rise against the US dollar. My Bloomberg screen shows the A$ fetched as much as US0.9150 in overnight trade - its highest level this year and up 0.67% ...

Whatever works

BENJAMIN ONG  |  MONDAY, 24 MAR 2014
... March 2014, the People's Bank of China (PBOC) announced that from it is doubling the yuan's trading band against the US dollar - "The yuan will, from today, be able to trade as much as 2 percent on either side of a daily central bank reference rate ...

China's art of currency war

BENJAMIN ONG  |  TUESDAY, 18 MAR 2014
... cursing Putin today, they're lauding China's latest move - that of doubling the renminbi's trading band against the US dollar to 2.0% yesterday (from 1%) on either side of the Peoples Bank of China's (PBOC) daily reference rate fixing. According to the ...

Market Wrap AM

AAP  |  THURSDAY, 13 MAR 2014
... markets sank, taking their lead from another selloff on Wall Street, while Tokyo took a hit as the yen climbed against the US dollar with profit-takers moving in following last week's greenback rally. Despite a small pick-up on Tuesday, regional markets ...

Market Wrap AM

AAP  |  FRIDAY, 7 MAR 2014
... subsided, investor confidence in higher risk assets has slowly returned, sending the safe-haven yen falling against the US dollar and euro. Tokyo jumped 1.59 per cent, or 237.12 points to finish at 15,134.75 and Seoul was 0.22 per cent higher, adding ...

Market Wrap AM

AAP  |  WEDNESDAY, 5 MAR 2014
... events in Eastern Europe, analysts said the fact the crisis had not worsened had provided a buying opportunity. The US dollar and euro also clawed back some of Monday's losses against the yen as a certain degree of confidence returned to the market ...

Punishing Putin

BENJAMIN ONG  |  TUESDAY, 4 MAR 2014
... interest rates by 150 bps to 7% -- in order to halt the ruble sell-off (down 1.8% overnight and 10% for the year versus the US dollar). The financial markets' reaction was hardly surprising - risk assets dropped and safe-haven ones rose. This could become ...

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... economy and its importance in global trade and, potentially, finance, the renminbi might ultimately come to challenge the US dollar". This is in response to China's decision to introduce direct trading between the euro and the yuan in the Shanghai foreign ...