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Showing 61 - 70 of 253 results for "Greenback"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 24 JUN 2016
... straight month that factory activity in the country had been in contraction (below 50). Yen strength - up 14.7% versus the greenback this year to date - induced a sharp drop in international demand, sending both production and new orders falling significantly. ...

Minutes to disaster

MARK SMITH  |  MONDAY, 23 MAY 2016
... the thing about the butterfly wings and the tsunami) in other economies. In as much as higher US rates would lift the greenback, it would be a positive for central banks trying to boost their economies or inflation or both such as the European Central ...

He pleaded, he promised, he threatened

BENJAMIN ONG  |  MONDAY, 16 MAY 2016
... all throughout last week as he tries to verbally abuse the yen to its knees. The yen has steadily risen against the greenback since 28 April when the Japanese central bank announced that it would "continue applying a negative interest rate of minus 0.1 ...

May sell may go away

BENJAMIN ONG  |  MONDAY, 2 MAY 2016
... fingers and hope to die) pledge had been becoming impotent of late. The yen and the euro have both appreciated versus the greenback despite both central banks' efforts to weaken them... and I can't see this state of affairs reversing until the Fed - ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 APR 2016
... impact of the rising yen. The Japanese currency is currently trading at ¥109.72 to a US$. Back in June last year, one greenback could buy more ¥120. The coincident index - an indicator of current economic activity - fell to 110.3 in February from 113.5 ...

Janet's words stronger than BOJ and ECB bazookas

BENJAMIN ONG  |  MONDAY, 4 APR 2016
... after Janet said these words at the Economic Club of New York on the 29th of March, taking its appreciation against the greenback up by 4.8% this year to date. Similarly, the yen's up 1.3% on the week and by 7.7% so far this year. It's not only against ...

Easier for as long as necessary?

BENJAMIN ONG  |  MONDAY, 21 MAR 2016
... rather than December's four. The announcement sent the US dollar down, commodities up and the equity markets higher. The greenback's weakening would not only support America - shoring up exports and inducing imported inflation - it would also ease capital ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... by lifting its yuan fixing by 0.34% -- the biggest daily fixing since November last year -- to 6.4905 vis-A -vis the greenback. Recall that sustained yuan depreciation is one of the markets' lingering concerns because (1) it underscores the slowdown ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
... Stoxx 50 index closing 1.5% lower from its previous day's level and the euro finishing 1.6% stronger relative to the greenback. If money were not made or lost based on this phrase, I would say that financial markets were doing a Rod Stewart on Mario ...

RBNZ cuts rates, biased towards further easing

BENJAMIN ONG  |  THURSDAY, 10 MAR 2016
... inflation expectations and the strengthening NZ dollar. While the kiwi has depreciated by around 18.9% vis-A -vis the greenback between April (US$0.7717) and September 2015 (US$0.6259) - a function of the series of rate reductions (started in June last ...