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Showing 1 - 10 of 253 results for "Greenback"

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... threat from a US political stalemate, investors are increasingly concerned that a sustained change in the fortunes of the greenback could be a drag on future returns. The Rochford Fund aims to solve that problem," Rochford managing director Tom Averill ...

EG, SIGMA to deliver Tasmanian distribution facility

CHLOE WALKER  |  TUESDAY, 1 MAR 2022
EG Funds (EG) has partnered with A SX listed pharmaceutical wholesaler and distributor company Sigma Healthcare to deliver a storage and distribution centre on a parcel of land in Bridgewater, Tasmania. Bridgewater is a newly formed industrial estate ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
Wall Street wants to have its cake and eat it too. It wants both a return to pre-pandemic normal - with all the growth and activity and employment and profitability that came with it - while at the same time wishing, hopin' and prayin' for Biden's ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... Hang Seng index slumped by 5.6% on the day of the pronouncement and the Hong Kong dollar slipped by 1.5% versus the greenback. Not if the US can help it. According to Factset: "Tensions over Hong Kong escalated after US senators moved to introduce bill ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
In rough times it can seem beneficial to look back at past experiences and think 'If I got through that, I can get through this', but if you ask the fund managers and traders of the world, the consensus is this time does not compare to 1987 ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... news" on the domestic labour market. Not surprisingly, the Australian jumped by more than half a percent versus the greenback but surprisingly, the All Ordinaries index dropped by 0.7% (sure, lower interest rates helps drive market valuation but stronger ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... continues to rally. It gained 18.2% in 2019 and by 0.8% this year to date. The yen has depreciated by 4.1% versus the greenback to ¥109.57 from last year's high of ¥105.08. Then again, the Jibun Bank PMI indices point to persistent weakness with ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... the bank's predicted single 25 bps reduction next year to keep the Australian dollar from appreciating versus the greenback. RBA Governor Lowe has already stated that 0.25% is the lowest the official cash rate could go. Quantitative easing here we ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... America's (2.1%) next year. Exchange rate fundamentals clearly favour continued Australian dollar strength against the greenback going forward. This also suggests that the RBA is headed onwards and downwards towards more policy stimulation if only ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... are still early times and monetary policy operates with a lag. Already, the euro has depreciated by 1.2% versus the greenback since the ECB's 12 September decision and the Euro Stoxx-50 index has advanced by 0.9%. Patience, oh super one, patience ...
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