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Daily Market Summary

Backed by the expectations of a stimulus plan, the 10-year T-Bond yield crossed the 1 percent mark for the first time in months on Wednesday and managed to climb to 1.08 percent on Thursday (up 5 basis points). Bank shares benefiting from an interest rate increase climbed for the...
On Tuesday, the dollar further declined, expecting further steps to boost the economy by the prospective administration of Biden in the face of a worsening health situation. The dollar index (measuring its evolution versus the basket of six benchmark currencies) fell by 0.49% to 89.44 points, the lowest in...
On Thursday, the dollar index rebounded on the currency markets, rising 0.3 percent to 89.94 points, but sank 6.7 percent year-on-year, and finished 2020 versus a basket of six benchmark currencies near its lowest level since March 2018. On Thursday, the euro fell 0.6 percent to $1.2221, not far...
On Thursday, December 24, the European currency, trading at 1.21970, rose by 0.10 percent against the US dollar. On the occasion of the festival of Christmas, future trading on the dollar index was not held on Friday. The EUR/USD exchange rate had seen almost zero improvement a day earlier...
On Wednesday, 23 December, the session in the green zone ended with two of the three primary U.S. indices on the backdrop of optimistic labor market statistics: the Standard & Poor's 500 rose by 0.07 percent to 3,690.01 points, weighing 0.38 percent to 30,129.83 points in the Dow Jones...
Optimism about a new $900 billion fiscal support plan in the United States, coupled with the Fed's promise of ultra-accommodative long-term monetary policy, led to a further weakening of the dollar on Thursday. In the New York interbank market, the dollar index, which measures its evolution against a basket of...
On December 15th, the financial markets closed the day with a sharp rise in major indices, aided by the end of the epic presidential election, the beginning of mass vaccination, and the proximity of a new package of economic benefits to an agreement between Republicans and Democrats in Congress. On...
Sterling rebounded 0.72 percent to $1.3322 on Monday on the currency markets in anticipation of a last-minute Brexit deal. In spite of another setback this weekend, British Prime Minister Boris Johnson and President of the European Commission Ursula von der Leyen decided to continue negotiations until the last minute...
U.S. Indices ended trade in the red zone on Wednesday, December 9, touching another historical peak at the beginning of the session. On Wednesday, there was no final decision on the stimulus package: all GOP plans were opposed by House Speaker Nancy Palosi and Senate Leader Chuck Schumer of...
In Washington, after a bipartisan coalition of Democratic and Republican senators tabled a $908 billion stimulus package that promises to lead to a settlement, likely before the Christmas break, the prospects of an agreement on new budget support have taken a major step forward in the past week. Democratic House...