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.
US stocks have not conceded
US stocks have not conceded
2023-10-09
Powell's recent signal of potential Fed rate hikes has fueled ongoing headwinds for stocks as positive economic data persists.
Euro in twelfth week of declines - EBC Daily Snapshot
Euro in twelfth week of declines - EBC Daily Snapshot
2023-10-06
The euro was set for a twelfth week of declines against the dollar ahead of key US job report. That will mark the longest losing streak on record.
The yen got a Thursday reprieve - EBC Daily Snapshot
The yen got a Thursday reprieve - EBC Daily Snapshot
2023-10-05
The yen found relief on Thursday after hitting its lowest since Oct 2022 earlier this week, rallying above 150.
Stocks and bonds wrap up worst month of 2023
Stocks and bonds wrap up worst month of 2023
2023-10-02
US stocks and government bonds finished their worst month of the year due to lingering expectations of a prolonged period of high rates.