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Showing 81 - 90 of 100+ results for "US dollar"

J.P. Morgan introduces digital currency for instos

JAMIE WILLIAMSON  |  FRIDAY, 15 FEB 2019
J.P. Morgan is launching its own digital currency to harness the benefits offered by blockchain. The largest bank in the US is getting ready to roll out JPM Coin, representative of a fiat currency and designed to make instantaneous payments between ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... don't operate in a vacuum. The New Zealand dollar jumped by 1.6% to a one-week high versus the re-strengthening US dollar following the RBNZ's announcement - the reaction to the RBNZ's action (or in this case, inaction). The appreciating ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... inflation is on the reverse, thanks to the Fed's pause - the Philippine peso has appreciated by nearly 1% against the US dollar since the start of 2019 and by 4.3% to P52.08/US$1 from its 2018 low - and the downswing in crude oil prices - Brent oil ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... fiscal push," Taylor says. He says there is no longer a strong case for the Australian dollar to weaken against the US dollar and it would break 70 cents in the near term, ending 2019 at 65 cents. Meanwhile, disappointing CPI and Producer Price Index ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... infrastructure investment of two years ago is past, Anthony noted. He sees the Australian dollar weakening to 0.65 against the US dollar over one to two years, making an Aussie dollar short a good hedge. Anthony is quick to point out that he is forecasting ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
... and services more competitive in the world market. Not only that, exporters would receive an extra boost from their US dollar earnings when translated back into Australian dollars. Wait there's more! Australian import-competing industries would also ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... from 31.1%. This brings good tidings to America and by extension, emerging markets, through its flow on effects on the US dollar (a weaker one). However, a weakening US dollar will have to be reflected by strengthening in other major currencies, such ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... MSCI developed equity index is down 9% and the emerging market measure has fallen by 13.3% over the same period. The US dollar index is rising while at the same time emerging market currencies are collapsing. Thomson Reuters/CoreCommodity CRB Commodity ...

Final call for 2019 Chief Economists Forum

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
... these economic factors are global and two are more geographically specific. The obvious factor is EM trading against the US dollar. The second factor is the US interest rate cycle. "We've got [potentially] four rate hikes between now and the end ...

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
... rates) and the ECB has already stated that it would end QE by the end of this year. The Fed's actions have lifted the US dollar that, in turn, is draining liquidity from other markets (mainly, emerging ones including China) as well as making it harder ...