Search ResultsShowing 1 - 5 of 5 results for "Bloomberg US Dollar Spot"
Chief economist update: It's the money, stupid
BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
... the 2007-2009 recession - of 37.9% to 34.8%. The recent weakening in the US dollar also helped - the Bloomberg US dollar spot index has depreciated by 2.1% from a 2019 high of 99.337 at the end of September to 97.28 in mid-October. It's currently ...
Chief economist update: Future path of fed funds rate
BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... Nasdaq -0.11%, Russell 2000 -0.63%; the yield on 10-year US Treasuries was unchanged at 1.8%; and the Bloomberg US dollar spot index ticked up by a mere 0.2%. Yes Virginia, there's nothing to write home to mother about. They're all within the ...
Chief economist update: Fed future move depends on dollar direction
BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... the rate reduction. After dropping by 1.2% two weeks after the Fed cut interest rates on July 31, the Bloomberg US dollar spot index climbed even higher to a reading of 99.37 - its highest reading in more than two years - as its central bank neighbours ...
Chief economist update: Don't buy a Big Mac in America
BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
The Bloomberg US Dollar Spot index was trading at 96.7680 on the day Trump tweeted the below: "China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being ...
Chief economist update: Inflation isn't such a lonely word
BENJAMIN ONG  |  MONDAY, 19 FEB 2018
... depreciation that makes the price of imported goods more expensive and eventually passed on to consumers. The Bloomberg US dollar spot index has weakened by 3.3% this year to date, sending import prices are rising. Import prices jumped 1% in the month ...
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