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Showing 41 - 50 of 59 results for "British Pound"

Autumn Angst

BENJAMIN ONG  |  THURSDAY, 10 NOV 2011
... Kingdom opted out of the Exchange Rate Mechanism (ERM) back in late 1992. In what is now dubbed "Black Wednesday" the British pound plunged by more than 4.2% on 16 September 1992 and by another 4.9% four days later. But it wasn't only George Soros - ...

BetaShares adds major currencies to ETF range

MATT WOODINGTON  |  MONDAY, 11 JUL 2011
... investment strategy and distribution, BetaShares. With the Australian dollar continuing to trade strongly against the British Pound and the Euro, the ETFs are primed to capitalise on any reversion. "Although complexity and cost are barriers to currency ...

NAB Super eases hedging as dollar soars

RUTH LIEW  |  THURSDAY, 7 OCT 2010
... made its decision after the dollar surged against most major currencies, and in particular, the US Dollar, Euro and British Pound. The Australian dollar hit $97.92 US cents overnight - bringing it closer to parity with the greenback. The Australian currency ...

Currency managers on notice

MICHAEL HOBBS  |  FRIDAY, 19 MAR 2010
... Currency Management, to develop a currency forward rate bias beta index using five currencies including US dollar and British pound. This currency forward rate bias strategy is based around Record's research that found higher interest rate countries ...

Doom dollar

BENJAMIN ONG  |  TUESDAY, 13 OCT 2009
... cent). Signs are slowly building that the US dollar could go the way of Sterling. The American dollar replaced the British pound in the 1930s as the world's major reserve currency following Britain's fall from the globe's biggest lender to a borrower. ...

US dollar slips after Federal Reserve cuts key interest rate

AAP  |  THURSDAY, 1 MAY 2008
... clearly indicate. The 15-nation euro rose to $US1.5642 in late New York trading, from $US1.5564 late yesterday. The British pound climbed to $US1.9893 from $US1.9681, while the dollar was unchanged at 104.17 Japanese yen. The Fed's action pushed the ...

Our rates a global sideshow

ALEX DUNNIN  |  TUESDAY, 12 FEB 2008
... important than short-term fluctuations, as it did after the 1987 US stock market crash, the 1992 assault on the British pound, and the 1997 unraveling of Asia's financial markets," they said. The long term trends are so rock solid that the latest crisis ...

Check pay before shifting OS

ALEX DUNNIN  |  FRIDAY, 29 JUN 2007
... each city. "[London jumped up the list due to] steep property rental costs, together with the strengthening of the British pound compared to the US dollar," said Nathalie Constantin-Metral, research manager and senior associate at Mercer. Mercer's survey ...

Daily economic round-up

PETER BELL  |  MONDAY, 2 APR 2007
... products internationally. Instead of pegging against the $US, Chinese authorities chose a basket of currencies in the British pound, yen, euro, and South Korean won to allow their currency to be benchmarked against. Chinese exports of steel, furniture ...

AMP to reduce debt by $700 mln via offshore bond buy back

AAP  |  TUESDAY, 8 JUN 2004
Financial services and insurance group AMP took another step towards recapturing an A credit rating on Monday, announcing it would slash offshore debt by $700 million. The plan to repurchase offshore bonds should cut AMP's debt to its stated target ...