Heating Oil peaked at a 17.1% carry yield in September 2023. It has also had a steady decline from a short-term peak of 13.3% in February of this year into negative territory.
The dollar index (DXY00 ) Wednesday rose by +0.15%. The dollar raced to its high Wednesday after the May ISM services index rose more than expected, a hawkish factor for Fed policy. The euro is being...
Gold prices have risen steadily in 2024. Gold continues to defy traditional market correlations with the U.S. dollar and equity markets as more investors are buying physical gold and traders are looking...
The dollar index (DXY00 ) today is up by +0.31%. The dollar raced to its high today as T-note yields rose after the May ISM services index rose more than expected, a hawkish factor for Fed policy. The...
Hello traders. Welcome to a new commodity blog post. In this one, we will look at the Copper Elliott wave analysis from our team of analysts. We will especially look at an Elliottwave path discussed in...
An increase in copper-intensive initiatives like EV charging stations and data centers for AI are boosting demand for copper alongside slow growth in production. CME Group offers copper futures to manage...
Brent Crude finished May at its lowest hedge fund positions for the past 52 weeks. On Tuesday the estimated fund positions dropped further to 115,727 long contracts and is now over 225,000 from the peak...
Below you will see a summary for the FN & LT for June as well as gold chart and outlook for possible correction. In addition you will have support and resistance levels for major futures for tomorrow...
The dollar index (DXY00 ) Tuesday fell by -0.02%. The dollar Tuesday gave up an early advance and dropped to an 8-week low on US economic concerns. The dollar retreated Tuesday as US bond yields tumbled...
