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Showing 61 - 70 of 1023 results for "Yen"

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 ...

Chief economist update: The yen's on the up and up

BENJAMIN ONG  |  FRIDAY, 16 FEB 2018
Instead of reversing, the yen continued to climb after Japan's Cabinet Office released the country's National Accounts showing that economic growth slowed to an annualised rate of 0.5% in the December quarter from 2.2% in the previous three-month period. ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... growth on. Year-to-date, the greenback is down 3.0% against the euro, down 4.9% versus the pound and down 3.1% vis-a-vis the yen. This is on top of the dollar's depreciation in 2017 of 3.0%, 4.9% and 1.5%, respectively. The Australian dollar has risen ...

Chief economist update: No stealth tapering, no exit strategy...yet

BENJAMIN ONG  |  WEDNESDAY, 24 JAN 2018
... around the system, the Nikkei-225 index jumped 1.3% to close at its highest level - 24,124.15 points - in 26 years despite the yen's advance to a ¥110.41 close versus the greenback from ¥110.92 before the BOJ decision and ¥112.63 at the start of 2018. ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
... exchange rate has appreciated by 2.2% -- it's risen by 5.4% against the US dollar, 0.6% versus the euro and 2.5% vis-a-vis the yen over the same period. Just as Sterling's past depreciation pushed up import prices that, in turn, flowed through into higher ...

Chief economist update: A prelude to taper?

BENJAMIN ONG  |  WEDNESDAY, 10 JAN 2018
... (BOJ) announcement that it's trimming ¥10 billion off its purchases of 10 to 25-year and 25 to 40-year JGBs sent the Japanese yen 0.5% higher against the US dollar to ¥112.43 after it sparked renewed taper speculations. While Bloomberg points out that ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... versus the greenback to U$1.3067 from the day before; down 1.4% against the euro to €1.1194, and; fell by 1.9% vis-a-vis the yen to ¥148.76. This isn't exactly the BOE expected for the renewed weakness in the British currency would likely continue ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... this day, the British pound staged a sterling rally - it soared to pre-Brexit levels against the US dollar and the Japanese yen (and to a two-month high against the strengthening euro). That was on 14 September when the Bank of England (BOE) kept policy ...

The BOJ's educated hope

BENJAMIN ONG  |  FRIDAY, 22 SEP 2017
... rest of the board to his views but it could be the beginning of the end of exit speculations - the one that's keeping the yen stronger than it should be.

The British pound's sterling reversal

BENJAMIN ONG  |  MONDAY, 18 SEP 2017
... Now that's how you jawbone a currency. The British pound soared to pre-Brexit levels against the US dollar and the Japanese yen - and to a two-month high against the strengthening euro - at the close of last week's trading. And no, it's not because of ...