Not good enough for a 10
dollar price hike.
A two
dollar price hike is pretty significant.
Not exact matches
LONDON, May 1 (Reuters)- The
dollar broke into positive territory for the year and bond yields were creeping higher again on Tuesday, as the recent rise in oil
prices fuelled bets that the U.S. Federal Reserve will flag more interest rate
hikes this week.
NEW YORK, May 1 - The
dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil
prices fueled expectations the Federal Reserve could flag more interest rate
hikes at its policy meeting this week.
Bond
prices were higher, stocks waffled and the
dollar flip - flopped after the Fed's post-meeting statement failed to deliver the clarity markets were looking for on the course of rate
hikes.
This partly reflects the fall back in the U.S.
dollar on the back of rate
hike delays, which has allowed commodity
prices, notably oil, to rebound,» said Shane Oliver, head of Investment Strategy and chief economist at AMP Capital.
World shares and bonds rallied on Thursday, after the Federal Reserve left U.S. interest rates unchanged and slowed the pace of future
hikes, weakening the
dollar and lifting commodity
prices.
Gartner noted that the weakness of other currencies against the
dollar had led to
price hikes in certain regions, leading in turn to fewer sales.
While Wednesday's rate
hike from the Fed was
priced in, Odeluga says: «The lack of clear signals about plans to narrow monetary accommodation further — none in the statement and none discernible in chair Janet Yellen's press conference — meant that some of the
dollar strength actually had to be unwound.
«One of the ongoing problems in the PC market has been the
price hike in selected regions due to the weakening local currency against the U.S.
dollar,» said Mikako Kitagawa, principal analyst at Gartner.
However, the Canadian
dollar is expected to see minimal benefit from higher oil
prices: a U.S. Federal Reserve interest rate
hike is likely in the first half of 2017, which would bolster the U.S.
dollar, while the Bank of Canada is expected to hold steady on rates.
Faster
price growth would be a good thing (here's Bin Appelbaum on why), but there's a wrinkle to this
dollar scenario: if the Fed continues on its rate -
hiking, «normalization campaign,» we may not achieve that result.
Now I read, again, how inflation is induced by high oil
prices and I have to wonder, what happens as oil becomes rare, what will the Fed do when
hiking rates does not improve the purchasing power of the
dollar?
Commonwealth Bank has cut its Australian
dollar forecast for this year and next to take into account a slowing global economy, the
pricing out of an interest rate
hike in Australia this year and a firming of the US
dollar.
CBA cuts Australian
dollar forecasts for 2018, 2019: CBA has cut its Australian
dollar forecast for 2018 and 2019 to account for a slowing global economy, the
pricing out of an Australian interest rate
hike and a firmer US
dollar.
Had you not had that slowdown in the first part of the year, had you not had the unsettledness with the value of the
dollar and the
price of oil, I think the Fed was gearing up for a June rate
hike and in a sense missed that opportunity because the data turned against them.
Bank of Nova Scotia Chief Foreign - Exchange Strategist Shaun Osborne says the Canadian
dollar is poised to rally to C$ 1.20 versus its U.S. counterpart by year - end, from C$ 1.2683 at 12:35 p.m. Tokyo time Wednesday, as traders who've been reducing expectations for a third BOC interest - rate
hike in 2017 begin to
price one back in.
After the remarks, the pound lost ground versus the
dollar and euro, and short - term interest rate futures are now
pricing in the less - than - 50 % probability of a rate
hike on 10 May, down from 80 % earlier in the week.
The Bank of Canada's rate
hike solidified the
dollar's gains even in the face of declining oil
prices.
NEW YORK The
dollar broke into positive territory for the year and U.S. bond yields inched higher again on Tuesday as the recent rise in oil
prices fuelled expectations the Federal Reserve could flag more interest rate
hikes at its policy meeting this week.
However, the US
dollar hardly moved upwards due to the fact that the rate
hike was already
priced in.
Whenever the Fed raises interest rates, the
dollar does not rally, as the market has already
priced in very aggressive
hikes.
This would spur rate
hike hopes for the rest of the year and increase the
dollar's appeal versus bitcoin
price.
With the U.S.
dollar gaining strength and the U.S. Federal Reserve set to
hike interest rates throughout the year — which will lend another boost to the «Greenback» — the yuan's continued free fall in relation to the
dollar may push the Bitcoin
price up at an even higher rate than we saw in 2016.
It also holds the tremendous potential of
hiking up the
price of Bitcoin by thousands of
dollars.
While some may lament the
price hikes, the new OnePlus 5 is still hundreds of
dollars cheaper than some of the other flagships on the market, and just as good in a lot of ways — I'll touch back on that in my full review, coming soon.