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Showing 1 - 10 of 58 results for "US dollar index"

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
... 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 reported ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... 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 sooner ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... 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, suggests ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... and business restrictions. 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, in itself ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... believes both silver and gold will continue to push all-time highs. "As real yields have collapsed, along with the US Dollar Index steadily weakening to a 22-month low, virus and geopolitical uncertainties have remained elevated, spurring momentum across ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... rather than 50 bps (prompted by the sharply stronger than expected US non-farm payrolls report for June) sent the US dollar index higher even higher to 97.4890. While Trump only nominated China and Europe in his "currency manipulation" tweet, the US ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... 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' overvaluation vis-a-vis the greenback has increased. This year ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... the 1.3% growth rate recorded in the June 2016 quarter. Wall Street's reaction: equity markets dipped, the US dollar index advanced and the yield on US Treasuries rose. Such financial market configuration suggests that expectations could be turning ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
... 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 Total ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... underscored by the renewed fall on Wall Street overnight - along with the rise in 10-year US Treasury bond yield and the US dollar index -- following the release of the Fed minutes. These, of course, are inter-related. Rising bond yields raises borrowing ...
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