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The dollar steadied on Wednesday
The dollar steadied on Wednesday
2023-12-20
Wednesday: The dollar stabilizes as the Fed downplays rate-cut bets. Range-bound in 2023 amid expectations of prolonged higher rates.
The yen fell against the dollar on Tuesday
The yen fell against the dollar on Tuesday
2023-12-19
Tuesday: Yen falls vs. dollar as BOJ keeps its ultra-loose policy. Eyes on Ueda's press conference for negative rate exit signals.
The US dollar opened lower this week
The US dollar opened lower this week
2023-12-18
The US dollar opened lower, continuing its decline post-Fed meeting, signaling potential 2023 rate cuts. The yen stabilized after last week's 2% rise.
The dollar faces its worst week since July
The dollar faces its worst week since July
2023-12-15
The dollar is poised for the biggest weekly drop since July as the Fed signals next-year rate cuts. European central banks maintain restrictive policies.
BOE is set to give sterling a boost
BOE is set to give sterling a boost
2023-12-14
The Bank of England shifts, but rate cuts are uncertain. The UK battles inflation, forecasted at 3.6% in March—higher than the US and Eurozone.
The dollar slipped on Thursday - EBC Daily Snapshot
The dollar slipped on Thursday - EBC Daily Snapshot
2023-12-14
Thursday saw the dollar dip as the Fed's new economic outlook suggested the end of the interest-rate hike cycle, signaling a policy shift in 2024.
The dollar ticked up slightly on Wednesday
The dollar ticked up slightly on Wednesday
2023-12-13
The dollar rose ahead of the final Fed meeting this year. The unexpected US consumer price increase in November tempered expectations.
The dollar drifted lower in the Asia session
The dollar drifted lower in the Asia session
2023-12-12
The dollar drifted lower in the Asia session on Tuesday as traders turned their focus on US inflation data and a slew of central bank meetings ahead.
The dollar started Monday on the front foot
The dollar started Monday on the front foot
2023-12-11
The dollar opened strong on Monday, with US inflation data and the final Fed meeting of the year expected to shape the week ahead.
Gold risks falling into a fresh bull trap
Gold risks falling into a fresh bull trap
2023-12-08
Gold hit a record $2,100 high, focusing on the Fed's rate cut timing. There is uncertain demand in China and India, with China's gold demand decreasing.
The dollar largely drifted sideways on Friday
The dollar largely drifted sideways on Friday
2023-12-08
The dollar steadied before US job data, set for a weekly gain. The worst performance in a year occurred last month due to peak rate expectations.
The euro eased to its lowest in over three weeks
The euro eased to its lowest in over three weeks
2023-12-07
On Thursday, the euro hit a 3-week low versus the dollar. Traders estimate an 85% chance of the ECB cutting rates in March.
The dollar held near a two-week high on Wednesday
The dollar held near a two-week high on Wednesday
2023-12-06
Wednesday saw the dollar near a two-week high and the euro weaken globally amid bets that the ECB will loosen in H1 2024, following the Fed.
Euro takes a hit - EBC Daily Snapshot
Euro takes a hit - EBC Daily Snapshot
2023-12-05
The US dollar rebounded to a near-one-week high. Key employment data this week may impact investor views on the interest rate trajectory.
The dollar dipped on Friday
The dollar dipped on Friday
2023-12-01
Friday: dollar down, euro up. US spending rose moderately in October, with the smallest annual inflation increase in over 2.5 years.