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Showing 1 - 10 of 138 results for "Japanese yen"

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... dropped. So did bond yields and commodity prices. The US dollar rose against major currencies, except for the safe haven Japanese yen and the safe haven commodity, gold. While there was good news on Australia's labour market, business and consumer ...

Chief economist update: Japan's third wave

BENJAMIN ONG  |  MONDAY, 16 NOV 2020
... Japan's domestic challenges are being compounded by the second wave in the US and in Europe via their impact on the Japanese yen exchange rate. The resurgence of infections have already prompted both continents to re-impose restrictions and sparked ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... programme (APP) at a monthly pace of €20 billion as from November 1." The US dollar has appreciated by 3.8% versus the Japanese yen since this year's September low and the euro has gained 4% over the same period. This is counter-intuitive given ...

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

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... this month. The US-Australia bond yield differential also favours America - 1.8% (for the US) versus 1.1%. Like the Japanese yen, is the Australian dollar becoming a safe-haven currency? While relative US-Australia monetary policy and growth forecasts ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... yen. The absence of corresponding action by the BOJ (relative to its peers) compounds the upward pressure on the Japanese yen. As such, while the US dollar has appreciated by 2.4% this year to date, it's down by 1.9% versus the yen while the euro ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... have pushed investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen. Ahh yes, the Japanese yen - except for its mini-me trade war with South Korea, where both countries deleted each other from ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... low, and in some, negative yields); the US dollar is up but safehaven currencies such as the Swiss franc and the Japanese yen are upper; gold's in, copper is out. Even central banks are busily preparing for the "R" contingency. The Fed's mulling ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... the US dollar. China's yuan was 45.3% undervalued; the Euro by 16.8%; the South Korean won by 27.9%; and the Japanese yen by 35.5%. The 1.5% appreciation in Bloomberg's US dollar index this year to date suggests the degree of these currencies' ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... crossfire of the recent Sino-Yankee trade tensions, it's become collateral damage via the appreciation of the Japanese yen. The week before the war began, the Japanese yen had been depreciating against the US dollar - down 1.4% versus the greenback ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... launch TLTRO III in September; and is currently studying tiered deposit rates - should provide upward impetus on the Japanese yen going forward. While the weakening Japanese economy and renewed easing in inflation suggest yen depreciation, its relative ...
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