Search


You have searched for "Global Forex Market"

Showing 41-50 of 211

Sort by: Newest | Oldest | Relevance


Business 28 Jun 2014 | 12:00 AM

Global Forex Market

THE US dollar’s woes continued, trading near multi-week lows with shocking US real gross domestic product (GDP) revisions. The finalised US real GDP was further revised lower to an annualised contraction of 2.9% in Q1 2014 – the largest decline in five years – from minus 1% reported last month and compared with 2.6% in Q4 2013 due to harsh weather in the early part of the year.

Business 15 Aug 2015 | 12:00 AM

Treasury Pulse: Global forex market

ALL eyes were on China as the yuan has depreciated by a cumulative 4% against the US dollar.

Business 20 Apr 2013 | 12:00 AM

Global forex market

MARKET saw aggressive unwind of risk exposure with downward pressure on stocks, commodities, treasury yields and risk currencies.

Business 11 Mar 2017 | 12:00 AM

Global Forex Market

THE US dollar continued to rally ahead of Friday’s US jobs report as all eyes are on wages instead of payrolls for Fed’s rate hike path growth.

Business 22 Mar 2014 | 12:00 AM

Global forex market

AS widely expected, the US Federal Open Market Committee (FOMC) decided to taper the size of its monthly asset purchases by another US$10bil. The committee announced that it will now purchase US$55bil in assets each month – US$25bil in mortgage-backed securities (down from US$30bil) and US$30bil in Treasury debt (down from US$35bil) beginning in April.

Banking 19 Sep 2015 | 12:00 AM

Global forex market

THE US dollar weakened against broad currencies as the FOMC remained on hold with cautious US data added to the tone. The Fed funds rate was left on hold and the “dot plot” projections were lowered by 25 basis points across the board. However, the Fed is still keen on imminently lifting the fed funds rate, with Yellen specifically mentioning that October was a possibility and that they expected to start hiking this year.

Business 18 Aug 2012 | 12:00 AM

Global forex market

IN a mostly muted week, better-than-expected US retail sales provided the market with some catalyst. In most cases, good US data would spur risk-on and consequently an appreciation of risk currencies.

Business 23 Aug 2014 | 12:00 AM

Global forex market

TRADERS increased bets that the Federal Reserve will raise interest rates by July following minutes of the Fed’s July meeting and brightening US fundamentals helped power the US dollar to fresh 11-month peaks against a wide swath of rivals, including the euro.

Business 09 Mar 2013 | 12:00 AM

Global forex market

POSITIVE vibes continue to emerge from Wall Street. The US dollar index continued to head higher as the US equities reached its highest since 2007. The better-than-expected US jobs report, the spending cuts under sequestration, continued selling of Japanese Yen and downward pressure on the euro were the added drivers.

Business 14 Sep 2013 | 12:00 AM

Global forex market

IT was a risk-on environment with broad-based weakness in US dollar, consistent with declining US treasuries yields.