forex research reports|Page 21 | EBC Financial Group

2023-06-26

According to data from S3 Partners, the amount spent by short sellers against US stocks hit $1.02 trillion, as of Friday. Those bets came even as the continued to rally earlier this month, costing short sellers $101 billion.

Oil prices are in turmoil amid market noise

2023-06-19

Oil traders were on a bumpy road last week. Prices hit over one-month low on Monday after Goldman Sachs cut oil price forecasts from $95 to $86 for Brent and from $89 to $81 for WTI.

Japan stocks FOMO is luring investors back

2023-06-15

Japan’s Nikkei 225 Stock Average has doubled since its pandemic low as investors continue to rush into one of this year’s biggest stock rallies.

The Swiss franc trounces its rival in a volatile year

2023-06-14

The yen has sunk to historic lows against the Swiss franc last month as Japan’s chronic trade deficits diminish its currency’s safe-haven status.

FX intervention last straw for beleaguered yen

2023-06-07

Asset managers joined hedge funds in increasing yen-bearish positions amid speculation the BOJ isn’t likely to rush to adjust its ultra-easy monetary policy.

Sterling Outpaces Euro Uncomfortably as Brexit Backfires

2023-06-02

Sterling hit a 5-1/2 month high against the euro on Wednesday after data showing lower inflation in major European markets.The euro is down around 1.5% against the pound in May, which would be the biggest monthly decline since October.

Turkish lira sinks to record low after Erdogan victory

2023-05-29

The Turkish lira sank to a fresh record low Monday as incumbent Recep Tayyip Erdogan secured his victory in the 2023 presidential election, extending his rule into a third decade in power.

Improving economic outlook clouds the Fed’s path

2023-05-19

The Fed signaled that it could pause rate hikes after May’s meeting, so investors become convinced that the dollar is near its tipping point and the Fed will cut rates by the end of this year.

Lira traders brace for more volatility on runoff election

2023-05-15

Erdoğan faced his toughest campaign since 2002 as the vote could go to a second round for the first time since Turkey switched to an executive presidency in 2017.

Sterling bears surrender as U.K. economy defies doomsayers

2023-05-10

GBP/USD was trading at 1.2618 on Tuesday, close to the 1.2688 it hit on Monday, its highest level since April 2022. EUR/GBP fell to 0.8698, the lowest level since mid-December.

The Fed’s thorough rethink on rate hike? Don’t bet on it.

2023-05-10

SVB failure is still reverberate across global markets as a big wake-up call for policymakers that have been taking a hard line on inflation.

S&P 500 knocked down below 4,000 by Powell’s warning of bigger interest rate hikes

2023-05-10

Federal Reserve Chair Jerome Powell dropped another bomb in his testimony to Congress on Tuesday, suggesting more hikes than previously anticipated might be needed to combat inflation.

U.K. Grilled by Higher-Than-Expected Inflation

2023-03-24

The BoE delivered more dovish tone than the Fed in saying the U.K. interest rates are around their peak though U.K. inflation looks more sticky and scorching. The latest reading unexpectedly rose to 10.4, breaking 3-month stretch of declines.