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Showing 51 - 60 of 1022 results for "Yen"

Chief economist update: BOJ to stop throwing good money after bad?

BENJAMIN ONG  |  TUESDAY, 24 JUL 2018
... to buy an unlimited amount of bonds (an indication that the central bank does not want this market reaction). The Japanese yen rose to ¥111.25 (from ¥111.41 last Friday) but not before reaching a high of ¥110.75 and the Nikkei-225 index dropped by ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... Australia's legal tender is trading 5.8% lower against the US this year to date; 3.2% cheaper against the euro; down 6.4% versus the yen; 3.5% down on the British pound; and, 3.4% lower even against the depreciated Chinese yuan. The corresponding ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
"We're going to drain the swamp." This was one of US President Donald Trump's battle cry when he was still campaigning for the top job in America. It looks like he's on his way to fulfilling this promise but instead, Trump's draining ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... climbed by 10.7% from this year's low of 20,617.86 points recorded in late March, supported by the 4.7% depreciation in the yen to ¥110.16/US1 from ¥104.93/US1 over the same period. While the strengthening US dollar is partly responsible for the yen's ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... the GCA currently include the Australian Dollar, US Dollar, British Pound, Euro, Canadian Dollar, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Singapore Dollar and the Swiss Franc, and there is potential to expand the list based on customer de ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
... connection between the forecast and policy actions." This prompted speculations of a policy exit that in turn, sent the Japanese yen and the yield on 10-year Japanese government bond yields higher, nullifying the BOJ's efforts. It appears that in ...

Chief economist update: Fed's on target, BOJ takes out target

BENJAMIN ONG  |  THURSDAY, 3 MAY 2018
... more difficult for the BOJ to achieve its goals. As seen in early March, speculations of an exit alone led to a jump in the yen and 10-year Japanese bond yields - conditions that would, at best, slow the BOJ's progress towards achieving 2% inflation." ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... tender is tendering less against all major currencies: down 3.5% against the US$; down 4.1% on the euro; down 6.3% against the yen; down 5.2% versus the pound; down 6% vis-a-vis the renminbi; and, down 4.3% on the trade weighted index. The Australian ...

Chief economist update: Japan's other war

BENJAMIN ONG  |  THURSDAY, 5 APR 2018
... But this could also be that the recent volatility in the financial markets is prompting safe-haven purchases of the Japanese yen. The yen has appreciated by 6.1% versus the greenback this year to date (after recording a 3.1% increase in 2017). It goes ...

Chief economist update: Hostage to speculations

BENJAMIN ONG  |  FRIDAY, 16 MAR 2018
... policy if economic and financial market agents continue to "hear what they want to hear and see what they want to see." The yen rose to its highest level since November 2016 and the yield on 10-year JGBs doubled (to 0.06% from 0.03%) in early March after ...