Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 365 results for "Exchange Rate"

USD exposure benefits investors: ETF Securities

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
... political and economic stability." Walesby said the diversification benefit comes from the fact that the USD/AUD exchange rate correlates negatively with the US share market. "This means that the US dollar tends to appreciate against the Australian dollar ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... UK GDP growth shrank for the seventh straight quarter in June 1992 and the pound sterling was forced out of the Exchange Rate Mechanism (ERM) on the 16th of September of the same year - sending the British currency crashing by 18.2% and making George ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... 2007- when most major economies went into a Great Recession. The coronavirus crisis has so far taken the A$/US$ exchange rate to as low as US$0.5821 from this year's high of US$0.7029. Central banks' race to the bottom (in terms of policy interest ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... S&P 500's 3.4% gain on the same day and the MSCI developed equity market index's 2.4% pick-up. The A$/US$ exchange rate rose by half a percent and the A$ trade weighted index gained 0.93% on the day. Mighty Mo's splurge might not stop Australia ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
... US-China trade war, among others... and now, the coronavirus scare. In spite of these, Sterling's effective exchange rate is currently at the same level as Mark found it (notwithstanding the sharp depreciation post-Brexit referendum); the FTSE-100 ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... supported by an expected modest lift in global growth." "The easing of monetary policy...has also had an effect on the exchange rate, which boosts demand for our exports. So, it is working." Then again, if easier monetary policy is working, why are many ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... and the ongoing - albeit somewhat slower - growth in global activity." There weren't any mention of the euro exchange rate though - she was astute enough not to as it might give Trump extra ammunition on renewed trade war offensive toward the Eurozone. ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
... of rising onshore defaults and shadow banking deleveraging. "Policymakers have been increasingly using a flexible exchange rate as an automatic stabilizer in 2019; however, we expect 2020 will bring a stable to moderately stronger yuan to limit pass-through ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... primarily with China - goes, the US-Australia interest rate differential (which largely determines the whether the AUD$ exchange rate appreciates or depreciates), among a myriad of other factors. As I've ranted many, many times before, economics ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... try and reverse the trend deterioration in the domestic economy. In it I briefly touched on the Australian dollar exchange rate inferring that it has not fallen enough this time. "The A$/US$ sank from US$0.80 to below US$60 during the Asian financial ...