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Showing 81 - 90 of 365 results for "Exchange Rate"

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... rates next month is more than "54%". The yield on Australian 10-year bonds dropped to a record low 1.65%; the A$/US$ exchange rate depreciated to a three-year low of US$0.6906 and while the Aussie dollar trade weighted index remains a point higher (59.8) ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
... the 2% target (both headline and core CPI inflation stood at 1.9% in the year to March). Sterling's effective exchange rate has appreciated by 3% this year to date while the FTSE-100 index gained 10.6% over the same period. This is a no-brainer given ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... respond. The appropriate path of monetary policy will depend on the balance of these effects on demand, supply and the exchange rate. The monetary policy response to Brexit, whatever form it takes, will not be automatic and could be in either direction," ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... (down by 6.5%). This, in other words, is a de facto monetary policy easing. Just think of the all the good a lower exchange rate does for the Australian economy - exports more competitive in the global market; earnings abroad becomes greater through ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
The A$/US$ exchange rate is, according to my Bloomberg screen, currently trading at US$0.7141, up 0.04% from the previous trading day and up 1.3% this year to date. In turn, Bloomberg's US dollar spot index has risen 0.14% overnight and is just ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
... respond." "The appropriate path of monetary policy will depend on the balance of these effects on demand, supply and the exchange rate. The monetary policy response to Brexit, whatever form it takes, will not be automatic and could be in either direc ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
... that we're now witnesses to immediately after yesterday's RBA's shift to neutral. The Aussie dollar exchange rate is down (1.6% versus the greenback) and longer term interest rates are lower: two-year notes fell by nine basis points to 1.71% ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... US$0.9786 on 15 July 2008 to US$0.6036 on 27 October 2008 when the global financial system was in chaos. The A$/US$ exchange rate has now depreciated by 11.9% versus the greenback from 2018's peak of US$0.8098 recorded on 31 January last year (it's ...

UK loses £800bn in assets amid Brexit fears

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
... Various scenarios tested suggest a significant slowdown in the UK economy and large losses in its equity markets and exchange rate, he said. "Investors should continue to watch closely while preparing themselves for the worst."

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
... for the appropriate path of monetary policy will depend on the balance of the effects on demand, supply and the exchange rate. The MPC judges that the monetary policy response to Brexit, whatever form it takes, will not be automatic and could be in either ...