Dollar nears 10-month high - EBC Daily Snapshot
The dollar perched close to a 10-month high against on Thursday, keeping the yen near the psychological level of 150.
2023-09-28
The dollar hit a 10-month high - EBC Daily Snapshot
The dollar scaled a 10-month high on Wednesday, pushing the euro and sterling to 6-month lows, while Treasury yields remained near 16-year peaks.
2023-09-27
The dollar hit a 10-month high- EBC Daily Snapshot
On Tuesday, the dollar hit a 10-month high as US bond yields surged to levels not seen since October 2007, and the Japanese yen continued its decline.
2023-09-26
The dollar steadied on Monday - EBC Daily Snapshot
The dollar steadied on Monday and rose against the yen to an almost 11-month high on Monday. The dollar on Friday touched an over six-month high.
2023-09-25
USD rose with Treasury yields - EBC Daily Snapshot
The US dollar rose along with Treasury yields on Friday. Earlier this week the Fed kept interest rates steady and signalled another hike by year-end.
2023-09-22
The dollar index hit fresh peak - EBC Daily Snapshot
The dollar index surged to a new peak in early March after the Fed hinted at another rate hike. Sterling and the euro hit multi-month lows.
2023-09-21
Wall Street equity analysts throw in the towel
The S&P 500 saw over 100 consecutive sessions without a 1.5% drop and only four days of >1% decline since July peak.
2023-09-20
EBC Daily Snapshot of 20 Sep 2023
The dollar remained firm on Wednesday ahead of a much-anticipated rate decision by the Fed which will almost certainly keep rates on hold later.
2023-09-20
EBC Daily Snapshot - 19 Sep 2023
The dollar held steady on Tuesday ahead of several central bank meetings this week. Japan's ultra-loose monetary policy kept the yen near a 10-month low.
2023-09-19
UK stocks yearn for a turning point
Arm Holdings shares surged 25% on its first trading day after a $51/share IPO, raising nearly $5B, marking the largest US listing in two years.
2023-09-18
Tourism is not at ECB’s service
Amid Germany's economic stagnancy, France is poised for a record year in international tourist spending, providing a boost to the euro zone's outlook.
2023-08-31
Europe faces a tough task despite easing inflation
German producer prices decreased more than expected on the year in July, their first fall in over two-and-a-half years.
2023-08-23
Argentina eyes dollarisation after Messi joined MLS
Lionel Messi's MLS impact is evident as ticket sales rise; late-season game prices on the secondary market surge over 1,700% year-on-year.
2023-08-21
Tight gas supply may challenge ECB’s rate decision
The European Central Bank will raise interest rates from 3.75% to 4% at its September meeting and is expected to cut rates three times next year.
2023-08-17
Fitch downgrade rings alarm bells for the dollar
Last week Fitch Ratings downgraded billions of dollars worth of public finance credits that are linked to the rating company’s landmark decision to strip US government debt of its AAA status.
2023-08-09
