Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
Join Barchart Premier for advanced OPTIONS screeners and volatility tools. FREE 30 Day Trial
Stocks | Futures | Watchlist | More
or

U.S. Dollar/Euro (^USDEUR)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [FOREX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

U.S. Dollar/Euro Futures Market News and Commentary

Dollar Falls Despite Hawkish FOMC

The dollar index (DXY00) Wednesday fell by -0.57%.  The dollar retreated Wednesday after the US May CPI rose less than expected, boosting expectations for Fed easing later this year.  Also, Wednesday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar.  The dollar recovered from its worst levels Wednesday after the FOMC projected only 25 bp of rate cuts this year compared to 75 bp of rate cuts back in March.

US May CPI unexpectedly eased to +3.3% y/y from +3.4% y/y in Apr versus expectations of no change at +3.4% y/y.  May CPI ex-food and energy eased to a 3-year low of +3.4% y/y, weaker than expectations of +3.5% y/y.

As expected, the FOMC kept the fed funds target range unchanged at 5.25%-5.50% and said it doesn't expect to cut rates "until it has gained greater confidence that inflation is moving sustainably toward 2%." 

The FOMC kept its US 2024 GDP forecast at +2.4%, unchanged from March, but raised its 2024 core PCE forecast to... Read more

Commitment of Traders Positions as of Jun 4, 2024

View Chart Details
Commercials - Long / Short
482,209 (+17,333)
383,423 (+3,199)
Non-Commercials - Long / Short
121,087 (-5,997)
188,957 (+4,301)
Dealers / Intermediary - Long / Short
357,516 (+20,326)
17,213 (-1,081)
Asset / Manager - Long / Short
127,424 (-8,605)
409,324 (+3,432)
Leveraged Funds - Long / Short
68,259 (+906)
80,602 (+5,903)
Other Reportables - Long / Short
13,461 (-424)
28,605 (+113)

Price Performance

See More
Period Period Low Period High Performance
1-Month
0.91609 +1.15%
on 06/04/24
0.93283 -0.66%
on 06/11/24
-0.00011 (-0.01%)
since 05/13/24
3-Month
0.91286 +1.51%
on 03/14/24
0.94324 -1.76%
on 04/16/24
+0.01321 (+1.45%)
since 03/13/24
52-Week
0.88690 +4.48%
on 07/18/23
0.95706 -3.18%
on 10/03/23
+0.00013 (+0.01%)
since 06/13/23

Most Recent Stories

More News
Teens: Summer Work Has Plenty of Perks

No one wants to jump right from schoolwork to work-work, but the benefits of taking on a summer job definitely outweigh the drawbacks.

USDNOK May Face More Weakness After A Corrective Rally

USDNOK May Face More Weakness from technical point of view and from Elliott wave perspective, but after a corrective rally.

Clear Analogies for Gold, Silver, and Miners

What a (-n absolutely unsurprising) big slide in gold!

More Upside For Kiwi After A Pause (Elliott Wave Analysis)

NZDUSD has declined at the end of last week following strong US jobs data, despite a rise in US unemployment to 4%. We see kiwi now trading outside its upward channel, indicating a temporary correction...

Why More Broker-Dealers are Finding Success With Wider Market Access for Global Equity, FX, and Commodities

The strong first half of 2024 for emerging markets appears set to continue as broker-dealers begin to tap into the vast potential of artificial intelligence to discover fresh opportunities throughout equity,...

European Futures Trade Higher As Traders Wait For The ECB's Next Policy Move

European futures are trading higher as traders eagerly await the next move from the ECB, which it will announce later today. Traders and investors are currently anticipating that the bank will cut the...

GBPAUD Reacting Higher From Elliott Wave Extreme Area

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of (GBPAUD) . In which, the rally from the 09 May 2024 low unfolded in a corrective sequence but provided...

^GBPAUD : 1.92225 (+0.08%)
Bearish Elliott Wave Sequence in Dollar Index (DXY) Favors Downside

Short Term Elliott Wave in Dollar Index (DXY) shows incomplete bearish sequence from 4.17.2024 high. Down from there, wave 1 ended at 104.08 like the 1 hour chart below shows. Rally in wave 2 unfolded...

AUDNZD Is Showing Weakness That Can Resume After A Pullback

AUDNZD Is Showing Weakness That Can Resume, as we see an impulsive five-wave decline by Elliott wave theory.

Hedging FX Exposure in Mexican Corn Imports

The Chicago Board of Trade Corn futures contract is the global benchmark for the market, and it is an important tool to hedge US-Mexico corn trade flows.

Barchart Technical Opinion

The Barchart Opinion rating is a Hold. Short term, the outlook is Bearish.

See More Share

Key Turning Points

3rd Resistance Point 0.94071
2nd Resistance Point 0.93613
1st Resistance Point 0.93063
Last Price 0.92665
1st Support Level 0.92055
2nd Support Level 0.91597
3rd Support Level 0.91047

See More

52-Week High 0.95706
Fibonacci 61.8% 0.93026
Last Price 0.92665
Fibonacci 50% 0.92198
Fibonacci 38.2% 0.91370
52-Week Low 0.88690

See More

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar