Philip Chua Business Blog

Posts Tagged ‘strength’

The Japanese yen relinquished some of its recent strength versus the greenback in the Wednesday session, shedding almost 1%. Meanwhile, the major currencies were marginally higher against the dollar, with the British pound edging up by 0.35%. US equities also recouped from earlier losses, finishing slightly higher as the Dow

U.S. Dollar Trading (USD) had a volatile trading day with USD strength on the back of risk aversion in Europe reversed as US housing data weakened further. July Existing Home Sales fell 27% as the effect of the removal of the housing credit continues to be felt. In US stocks,

FX markets remained highly volatile to start June trading in NY, with the EUR rebounding nearly 250 points from its overnight lows before falling back to finish in the middle of the day's trading range. Markets remained highly nervous over the strength of the global recovery after Chinese manufacturing indexes

: With our corrective recovery views panning out and pushing the pair from its intra day low at 1.4871(Mar 10’10) to close marginally higher last week, risk of further upside gains is likely. On the back of its current strength, we had earlier noted hammer candle formations (bottom reversal signal)…

DBS GROUP Holdings is Singapore’s top bank brand, according to a survey of the world’s 500 leading banking names.
The Brand Finance Banking 500 report, which measures strength, risk profile and growth potential to calculate brand value, claimed DBS eclipses rivals United Overseas Bank (UOB) and OCBC Bank.
It put DBS’ brand value at US$1.52 billion (S$2.1 billion) last year – a 12 per cent hike fro… more

The dollar has surged to an 8-month high against the euro, and is also rising against other currencies. Its strength could start damaging the fragile U.S. recovery.

United States – European Union – Gross domestic product – Greece – Government