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Showing 71 - 80 of 1263 results for "US Dollar"

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... reading of 54.7. The manufacturing PMI slowed a tad from 51.8 to 51.7 in August. However, renewed euro strength versus the US dollar - up 3.6% this year to date and up 8.8% from its 2020 low) - amongst other challenges wrought by the virus, would increase ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... entering the first great depression of the 21st century," he said. Oliver believes gold's record highs have a weakening US dollar to blame. "The recent surge in gold and the Australian dollar have one thing in common - namely an emerging breakdown in ...

Citi adds to markets, custody leadership

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... caused by the pandemic." McKerihan joined Salomon Brothers as a salesperson with responsibility for central banks in non-US dollar markets in 1989. She was appointed head of fixed income sales for Asia Pacific in 1999 moving to Hong Kong to manage the ...

Xinja dabbles in US stocks

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
Neobank Xinja has announced plans to launch a US share trading platform Dabble, giving investors access to over 3000 stocks and exchange traded funds (ETFs). Xinja claims Dabble will make names like Tesla, Facebook, Google and Amazon accessible and ...

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... local currency. "That has been Brazil's experience this time as well, as the real slumped as much as 30% against the US dollar." He also argued India had underperformed in its response to the spreading virus. "A key measure for EM progress will be which ...

BetaShares to list hedged versions of global stocks ETFs

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... told Financial Standard. "In the last 10 years, the story has been the depreciation of the Australian dollar to the US dollar...and it has been a one way journey for a very long time so people liked to invest unhedged," he said. "It's very hard to read ...

USD exposure benefits investors: ETF Securities

ELIZA BAVIN  |  TUESDAY, 26 MAY 2020
... assets in Australian dollar, adding exposure to currency fluctuation helps to diversify an Australian portfolio. "The US dollar has traditionally been viewed as a safe-haven asset, with most global central banks keeping it as a reserve currency and many ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
... market stability -- have reduced safe-haven buying in the yen. The Japanese currency has depreciated by 5.2% versus the US dollar to ¥107.65 from this year's high of ¥102.01 (the US dollar buys more yen). Still, Abe isn't taking any chances ...

Currency-hedged ETFs gather pace

KANIKA SOOD  |  MONDAY, 18 MAY 2020
Currency-hedged funds took four of the top 10 spots in ETF inflow league tables for April, in what may suggest local investors' conviction to a change in US dollar's strength. April saw net inflows of about $1 billion into ASX-listed ETFs, taking ...

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
... than their developed country counterparts. Then again, emerging market currencies remain under pressure against the US dollar and this will persist for as long as financial markets remain volatile. The depreciation in emerging market currencies would ...