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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.
​Wall St mostly bullish on equities in 2024
​Wall St mostly bullish on equities in 2024
2023-12-01
The Bank of America forecasts the S&P 500 hitting 5,000 in 2024. FuBank warns of US economic weakness and predicts a 4,600–4,800 S&P 500 target for 2024.
Thursday saw the dollar near a three-month low
Thursday saw the dollar near a three-month low
2023-11-30
Thursday saw the dollar near a 3-month low, poised for its largest monthly drop in a year. Investors bet the Fed won't raise rates further.
The Australian dollar gives up gains
The Australian dollar gives up gains
2023-11-29
The dollar hit a more than three-month low on Wednesday. The Australian dollar pared some of its gains as inflation eased by more than expected in Oct.
Dollar at 3-month low - EBC Daily Snapshot
Dollar at 3-month low - EBC Daily Snapshot
2023-11-28
Tuesday: The dollar hit a 3-month low on weak home sales; the Aussie dollar rose to a 4-month high despite a consumption dip.
The USD weakened on Monday - EBC Daily Snapshot
The USD weakened on Monday - EBC Daily Snapshot
2023-11-28
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.
Sterling at a 2-month peak - EBC Daily Snapshot
Sterling at a 2-month peak - EBC Daily Snapshot
2023-11-27
Sterling hit a two-month high against a weakened dollar on Monday. Traders are wary of upcoming economic data releases later in the week.
The dollar fell post-Thanksgiving - EBC Daily Snapshot
The dollar fell post-Thanksgiving - EBC Daily Snapshot
2023-11-24
The dollar slipped on Friday after the Thanksgiving holiday. Currency markets are likely to be muted with investor convictions in peak US rates.
The dollar didn't gain more - EBC Daily Snapshot
The dollar didn't gain more - EBC Daily Snapshot
2023-11-23
Thursday's dollar bounce from a 2.5-month low lacked momentum. Currency markets remained stable amid the Thanksgiving holiday.
How long will Japan stocks party?
How long will Japan stocks party?
2023-11-23
The Nikkei Index holds above 33,000, reaching 1990 highs. Berkshire releases yen bonds, mulling expanded Japanese stock holdings.
The Canadian dollar is weak - EBC Daily Snapshot
The Canadian dollar is weak - EBC Daily Snapshot
2023-11-22
On Wednesday, the dollar hovered near a 2.5-month low. The Fed's recent minutes leaned dovish, affirming the end of the rate-hike cycle.
Euro hits August high - EBC Daily Snapshot
Euro hits August high - EBC Daily Snapshot
2023-11-21
On Monday, the dollar index hit a 2-month low, extending its decline as investors considered peak interest rates and a >50% chance of a May cut.
The dollar hits a two-month low - EBC Daily Snapshot
The dollar hits a two-month low - EBC Daily Snapshot
2023-11-20
The dollar slid to a two-month low on Monday, extending a downtrend from last week as traders reaffirmed their belief that US rates have peaked.
Dollar drops significantly - EBC Daily Snapshot
Dollar drops significantly - EBC Daily Snapshot
2023-11-17
The dollar is set for a major weekly decline against the euro, yen, and franc. Investors expect nearly 100 bps rate cuts next year.