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

Search Results

Showing 61 - 70 of 1022 results for "Yen"

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 ...

No follow through

BENJAMIN ONG  |  TUESDAY, 8 AUG 2017
... June 2016 Brexit referendum - down 12.0% against the US dollar; 15.4% versus the euro; and, down 7.8% vis-a-vis the Japanese yen since Brexit. The weaker pound has undoubtedly pushed up inflation but it is also shoring up domestic activity. This is underscored ...