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Showing 1 - 10 of 100+ results for "US dollar"

Superhero raise takes it across the ditch

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
Share trading platform Superhero will take the $40 million it has raised this year to expand into New Zealand by mid-2022. The start-up recently raised $15 million to take the overall amount it has raised since 2018 to $48 million. The latest round ...

Superhero offers access to Bitcoin ETF

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Investing platform Superhero announced the availability of the first Bitcoin ETF to Australian investors, after it listed in the US yesterday. The ProShares Bitcoin ETF will be available to Australians using the Superhero platform to buy US shares. ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... 1.7% on the day of the minutes were released; the yield on 10-year US Treasuries declined from 1.58% to 1.55%; and the US dollar index was little changed to 93.20 from 93.16. Not even when on the same day of the release, the US Bureau of Labor Statistics ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
... taking risk off the table. As they did last week. Equity markets 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 ...

Vision Super seeds emerging market debt fund

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
... Principal and Finisterre," Vision Super chief investment officer Michael Wyrsch said. The fund also hedges 100% of the US dollar exposure while leaving active local currency exposures unhedged versus the Australian dollar. This results in investors benefiting ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... the number of millionaires. One factor driving this is that they are all inflated by currency appreciation against the US dollar, which for some countries is likely to have been the main reason for the expansion of numbers, Credit Suisse said.

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
The US dollar weakened, so too did the yield on 10-year US Treasuries while the equity market's benchmark indices closed on the up and up as inflation expectations in Uncle Sam's county eased, calming concerns that the US Federal Reserve would ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... before. The VIX index - the fear gauge - soared by 26.3% to a reading of 27.59 (the highest since March this year) and the US dollar index rose by 0.7% to 90.8. The fear du' jour is that the US Federal Reserve might start withdrawing policy accommodation ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... back into Australian currency. Not to mention, the rise in the share prices of Australian firms when they convert their US dollar earnings back into local currency. The bad. Australia would be forced to compete for the higher interest rates offered in ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... side effects (blot clots). The rally in copper prices has also been driven by the US dollar's depreciation. The US dollar index (versus major currencies) has now fallen by 11.4% from the 17-year high it recorded in March last year - which, itself ...
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