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​Equity forecasters are at wit’s end in new environment
​Equity forecasters are at wit’s end in new environment
2023-10-26
The Nasdaq 100 index has failed to outperform the market since July amid a strong U.S. economy and increased stock market volatility.
The AUD rose to a 2-week high - EBC Daily Snapshot
The AUD rose to a 2-week high - EBC Daily Snapshot
2023-10-25
On Wednesday, the USD stabilized as the AUD surged to a near two-week high due to strong inflation data, hinting at potential interest rate hikes.
The dollar hit a one-month low - EBC Daily Snapshot
The dollar hit a one-month low - EBC Daily Snapshot
2023-10-24
The dollar hit a one-month low as Treasury yields fell. Upcoming US GDP data on Thursday may further impact bond markets.
Monday USD Stable - EBC Daily Snapshot
Monday USD Stable - EBC Daily Snapshot
2023-10-23
On Monday, the dollar held steady, supported by rising Treasury yields. Investors await key events: the ECB meeting and the PCE report.
The dollar briefly touched 150 - EBC Daily Snapshot
The dollar briefly touched 150 - EBC Daily Snapshot
2023-10-20
On Friday, the dollar briefly hit 150 against the yen as 10-year Treasury yields passed 5%. Powell hints at more rate hikes.
The dollar stood strong - EBC Daily Snapshot
The dollar stood strong - EBC Daily Snapshot
2023-10-19
On Thursday, the dollar stayed strong amid market swings, with rising Treasury yields expected due to a hawkish tone from Fed Chair Powell later.
​Euro parity may be on the horizon
​Euro parity may be on the horizon
2023-10-19
Institutional analysts slashed targets; euro may dip to 1-1. Europe's economy struggles; Germany contracts again.
Strong Chinese growth data - EBC Daily Snapshot
Strong Chinese growth data - EBC Daily Snapshot
2023-10-18
Better-than-expected Chinese growth data on Wednesday pushed the Australian dollar a little higher, driving putting a dampener on the US dollar.
The dollar was range-bound - EBC Daily Snapshot
The dollar was range-bound - EBC Daily Snapshot
2023-10-17
The dollar was range-bound on Tuesday as the conflict in the Middle East did not spill over and investors awaited a slew of speeches by Fed officials.
The USD weakened on Monday - EBC Daily Snapshot
The USD weakened on Monday - EBC Daily Snapshot
2023-10-16
The US dollar edged lower on Monday but remained near a one-week high with fragile sentiment against a backdrop of conflict in the Middle East.
The dollar held firm on Friday - EBC Daily Snapshot
The dollar held firm on Friday - EBC Daily Snapshot
2023-10-13
The dollar held firm on Friday as stronger-than-expected US inflation revived prospects that the Fed will have to keep interest rates higher for longer.
UK economy grew in August - EBC Daily Snapshot
UK economy grew in August - EBC Daily Snapshot
2023-10-12
On Thursday, the US dollar flirts with a 2-week low before key inflation data, primarily due to falling Treasury yields.
USD traded near 2-week low - EBC Daily Snapshot
USD traded near 2-week low - EBC Daily Snapshot
2023-10-11
The US dollar traded sideway largely near its two-week low on Wednesday as investors await the FOMC meeting minutes for more clues on interest rate path.
The dollar was steady - EBC Daily Snapshot
The dollar was steady - EBC Daily Snapshot
2023-10-10
The dollar remained stable, below recent highs, with currency markets quiet as traders awaited further remarks from Fed officials later in the day.
Safe havens lifted USD and JPY - EBC Daily Snapshot
Safe havens lifted USD and JPY - EBC Daily Snapshot
2023-10-09
Safe-haven demand lifted the USD and JPY on Mon due to Israel-Gaza war escalation. Fragile risk sentiment amid increasing global violence.