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Sterling rose on Thursday - Best-trader Daily Snapshot
2023-11-02The pound rose pre-BOE rate decision, and the dollar fell post-Fed, maintaining rates. Market reactions followed these key events.
The Aussie dollar is struggling - Best-trader Daily Snapshot
2023-11-01The battered yen gets respite; Japan hints at intervention. The focus shifts to the Fed meeting after the BOJ's underwhelming decision.
BOJ decision is too slow to prop up yen
2023-11-01The Bank of Japan altered yield curve control, letting 10-year bonds yield over 1%. This boosted inflation hopes and weakened the yen.
Yen struggled vs. dollar - Best-trader Daily Snapshot
2023-10-31The yen weakened on Tuesday and languished near a one-year low against the dollar, after the BOJ edged towards ending years of massive monetary stimulus.
Halloween ghosts are investor-friendly
2023-10-31Investors should be mindful of the "Halloween effect," with historical data showing the S&P 500 performing well during this period.
Weak yen - Best-trader Daily Snapshot
2023-10-30The dollar steadied on Monday though the yen managed to stay on the stronger side of 150 per dollar, as traders looked ahead to several events this week.
The yen is still around 150 - Best-trader Daily Snapshot
2023-10-27The dollar rose on Friday and is set for a third monthly gain as the economy growth accelerated and the ECB left interest rates unchanged.
The AUD hit a one-year low - Best-trader Daily Snapshot
2023-10-26The dollar hovered near a three-week high on Thursday, while the yen hit a low for the year of 150.78 in intraday trading.
Equity forecasters are at wit’s end in new environment
2023-10-26The Nasdaq 100 index has failed to outperform the market since July amid a strong U.S. economy and increased stock market volatility.
The AUD rose to a 2-week high - Best-trader Daily Snapshot
2023-10-25On Wednesday, the USD stabilized as the AUD surged to a near two-week high due to strong inflation data, hinting at potential interest rate hikes.
The dollar hit a one-month low - Best-trader Daily Snapshot
2023-10-24The dollar hit a one-month low as Treasury yields fell. Upcoming US GDP data on Thursday may further impact bond markets.
Monday USD Stable - Best-trader Daily Snapshot
2023-10-23On Monday, the dollar held steady, supported by rising Treasury yields. Investors await key events: the ECB meeting and the PCE report.
The dollar briefly touched 150 - Best-trader Daily Snapshot
2023-10-20On 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 - Best-trader Daily Snapshot
2023-10-19On Thursday, the dollar stayed strong amid market swings, with rising Treasury yields expected due to a hawkish tone from Fed Chair Powell later.
