Trading
Exceptional Brilliant Care for Every Committed Trader.
Trading Conditions
Trading Platforms
Institutional
Become an EBC partner to unlock more market opportunities
About EBC
Your reliable global partner
EBC Institute
Activities
Market Insight | Research Report
Market Insight
Trade Tools
Despite US durable goods orders falling more than expected, the dollar edged up on Wednesday. The market mostly excludes a Fed rate cut before June.
U.S. natural gas prices hit a 3-year low due to a warm winter, excess inventory, and high production. European prices are back to pre-invasion levels.
Dollar dropped Tuesday, with markets eyeing upcoming economic data. Expectations for rate cut shifted to June from May, per CME's FedWatch Tool.
Monday saw the dollar gain ground ahead of a busy week packed with crucial economic updates, offering insight into global interest rate trends.
Pound drops against the euro, and the Bank of England's stance diverges. UK growth is sluggish; forecasts were revised slightly higher.
Yen eyes a fourth weekly drop vs. the dollar as investors seek higher yields. Weakest G10 currency in 2024, with fewer rate cuts expected elsewhere.
The dollar dips as traders await business surveys to assess major economies. The Fed rate cut odds for May at around 30%.
The dollar fell broadly on Wednesday as traders awaited the Fed's meeting minutes for rate outlook clues, due later in the day.
Wall Street misjudged high interest rates' effect, missing the rebound. Now bullish, as market hits record high of 5,000.
The US dollar surged Tuesday on expectations of prolonged high interest rates, while the Australian dollar fell despite China's LPR cut.
Monday's steady dollar faces uncertain easing timing due to persistent inflation. Traders eye June for the first rate cut, per CME FedWatch.
The Japanese yen has had a rough start to the year, falling about 5%. Inflation in Japan has cooled, and the U.S. economic outlook is optimistic.
USD pressured by falling US Treasury yields, deepening market concerns. CAD rebounds, and the central bank seeks more time to address inflation. Oil rises, US crude inventories grow less than expected, and production records are tough to break.
USD steadies near a 3-month high; the Fed is unlikely to cut rates in March. AUD rises on RBA, hinting at further tightening possibilities.
The dollar surged to an 8-week high as traders reduced bets on aggressive Fed rate cuts. Simultaneously, the Canadian dollar hit a one-week low.