forex research reports|Page 23 | EBC Financial Group

Wall Street equity analysts throw in the towel

2023-09-20

The S&P 500 saw over 100 consecutive sessions without a 1.5% drop and only four days of >1% decline since July peak.

EBC Daily Snapshot of 20 Sep 2023

2023-09-20

The dollar remained firm on Wednesday ahead of a much-anticipated rate decision by the Fed which will almost certainly keep rates on hold later.

EBC Daily Snapshot - 19 Sep 2023

2023-09-19

The dollar held steady on Tuesday ahead of several central bank meetings this week. Japan's ultra-loose monetary policy kept the yen near a 10-month low.

Tourism is not at ECB’s service

2023-08-31

Amid Germany's economic stagnancy, France is poised for a record year in international tourist spending, providing a boost to the euro zone's outlook.

Europe faces a tough task despite easing inflation

2023-08-23

German producer prices decreased more than expected on the year in July, their first fall in over two-and-a-half years.

Tight gas supply may challenge ECB’s rate decision

2023-08-17

The European Central Bank will raise interest rates from 3.75% to 4% at its September meeting and is expected to cut rates three times next year.

Fitch downgrade rings alarm bells for the dollar

2023-08-09

Last week Fitch Ratings downgraded billions of dollars worth of public finance credits that are linked to the rating company’s landmark decision to strip US government debt of its AAA status.

Wall Street bearish on super peso

2023-08-04

The Mexico peso has been up over 11% against the U.S. dollar year to date, making it the one of the best performing emerging currencies. That compared with the Indian rupee which was barely unchanged in the same period.

Oil prices steady despite signs of a near-term correction

2023-08-02

Oil prices barely change on Tuesday around a three-month high on signs of tightening global supply after OPEC+ production cuts and improved demand outlook.

Yen bears cautious despite slowing inflation and BOJ’s dovishness

2023-07-25

Sources have told Reuters on Friday that the BOJ is leaning toward keeping its yield control policy steady this week, though there is no consensus within the bank.

Weak dollar fails to reinvigorate lira

2023-07-20

The speed of the dollar’s recent decline took some by surprise. Signs of cooling labour market and prices growth has bolstered expectations that the Fed is close to win the war against inflation without sparking a recession.

Yen breaks above 140 on shrinking bullish dollar bets

2023-07-13

The yen climbs its strongest in a month though predictions that the currency was poised for a 10% rally as Japan reassessed its ultra-dovish monetary policy have yet to pan out.

‘British disease’ chips away at sterling strengthens

2023-07-07

The U.K. has become the only country among the G7 wealthy nations where inflation is still rising, according to data from the OECD.U.K. consumer prices across all items rose to 7.9% in May when compared to the previous year, the OECD said, up slightly from 7.8% in April.

Saudi’s new attempt to lift crude prices barely impresses

2023-07-05

Saudi Arabia said it would extend its oil-export cut of 1 million bpd for another month while Russia said it would make a voluntary supply cut of an additional 500,000 bpd next month.

Yen set to stop bleeding regardless of Japan’s will

2023-06-30

The dollar rose to a seven-month high against the yen this week. Kazuo Ueda suggested it is possible to start normalizing monetary policy if the BOJ becomes confident inflation will pick up next year.