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Australian Dollar Jun '26 (A6M26)

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Australian Dollar Futures Market News and Commentary

Dollar Retreats on US-Iran Peace Optimism and Below-Estimate PPI Report

The dollar index (DXY00) today fell to a 6-week low and is down by -0.33%.  The dollar is under pressure today amid easing geopolitical concerns after Reuters reported that the US and Iran are considering extending a two-week ceasefire that expires on April 22 and could resume negotiations this week in Pakistan. The dollar extended its losses today after US March producers rose less than expected.

US Mar PPI final demand rose +0.5% m/m and +4.0% y/y, weaker than expectations of +1.1% m/m and +4.6% y/y.  Mar PPI ex-food and energy rose +0.1% m/m and +3.8% y/y, weaker than expectations of +0.4% m/m and +4.1% y/y.

Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.

The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to raise rates by at least +25 bp in 2026. 

EUR/USD (^EURU... Read more

A hundred dollar bill being torn by Alona Siniehina via iStock
Dollar Retreats on US-Iran Peace Optimism and Below-Estimate PPI Report

The dollar index (DXY00 ) today fell to a 6-week low and is down by -0.33%. The dollar is under pressure today amid easing geopolitical concerns after...

DXY00 : 98.081 (-0.29%)
GCM26 : 4,826.5 (+1.24%)
SIK26 : 79.100 (+4.54%)
^USDJPY : 158.811 (-0.40%)
^EURUSD : 1.17978 (+0.33%)
Piles of Euro notes_ Image by Mixa74 via Shutterstock_
An Energy Crisis Has Rocked Europe, but the Euro Could Still Be Worth a Buy Here

June Euro currency futures present a buying opportunity on more price strength.

E6M26 : 1.18320 (+0.28%)
E6M26 : 1.18320 (+0.28%)
A one dollar bill floating in water by Wirestock via iStock
Dollar Turns Lower After President Trump Said Iran Wants a Deal

The dollar index (DXY00 ) on Monday fell by -0.24%. The dollar gave up an early advance on Monday and fell to a 1.25-month low after stocks recovered...

DXY00 : 98.081 (-0.29%)
GCM26 : 4,826.5 (+1.24%)
SIK26 : 79.100 (+4.54%)
^USDJPY : 158.811 (-0.40%)
^EURUSD : 1.17978 (+0.33%)
Pile of money with hands by Sergey Nazarov via iStock
Dollar Strengthens as US-Iran Peace Talks Break Down

The dollar index (DXY00 ) today is up by +0.15%. The dollar is climbing today on increased safe-haven demand after the US-Iran peace talks broke down...

DXY00 : 98.081 (-0.29%)
GCM26 : 4,826.5 (+1.24%)
SIK26 : 79.100 (+4.54%)
^USDJPY : 158.811 (-0.40%)
^EURUSD : 1.17978 (+0.33%)
Trader at office - by Viktoriia Hnatiuk via Shutterstock
Sterling at the Crossroads: Cable Eyes the Next Break from Its Long-Running Cage

Cable has spent the better part of a year locked within a well-defined consolidation range, grinding between 1.32 area daily support and 1.38 daily resistance...

Forex by bigjom jom via Shutterstock
NZDUSD Rebounds Within Triangle as Markets Weigh Global Growth Risks

NZDUSD did not reach the 2025 highs, and the price has already turned back toward the 0.5850 area. The overlap in this region suggests that the entire...

US-Iran Peace Hopes Hammer Crude Oil Prices

May WTI crude oil (CLK26 ) today is down -5.69 (-5.74%), and May RBOB gasoline (RBK26 ) is down -0.0822 (-2.64%). Crude oil and gasoline prices are sharply...

CLK26 : 93.83 (-5.30%)
RBM26 : 2.9882 (-1.80%)
Stocks Rally on US-Iran Peace Hopes and Cooler PPI Growth

The S&P 500 Index ($SPX ) (SPY ) today is up +0.77%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ...

MSTR : 140.51 (+6.16%)
BLK : 1,071.73 (+4.70%)
GOOGL : 331.72 (+3.24%)
UAL : 99.36 (+4.37%)
AAPL : 257.88 (-0.51%)
BE : 217.61 (+23.17%)
C : 129.80 (+2.79%)
CVX : 186.62 (-2.69%)
GLXY : 24.15 (+7.33%)
HPQ : 18.86 (-1.92%)
$IUXX : 25,673.77 (+1.14%)
COIN : 186.33 (+6.76%)
Earnings Preview: What to Expect From Pfizer’s Report

Pfizer is set to report its first-quarter earnings next month, with analysts expecting profits to decline in the low double-digit range.

XLV : 149.41 (+0.97%)
$SPX : 6,946.09 (+0.87%)
PFE : 27.25 (-0.33%)
What to Expect From Xylem’s Next Quarterly Earnings Report

Xylem is scheduled to announce its fiscal first-quarter earnings later this month, and analysts project a low single-digit profit rise.

XLI : 173.78 (+0.61%)
$SPX : 6,946.09 (+0.87%)
XYL : 129.96 (+0.86%)
Here's What to Expect From Arista Networks’ Next Earnings Report

Arista Networks is gearing up to report its first-quarter results in the coming month, and market expects its bottom line to rise in low-double digits....

ANET : 152.93 (+0.60%)
$SPX : 6,946.09 (+0.87%)
XLK : 146.74 (+0.78%)
Social Media Stocks Could Be a High-Risk, High-Reward Bet Amid the Iran War Based on This Chart

The SOCL ETF could make for an interesting “nibble” on the way to a larger position if all things go well.

META : 664.32 (+4.69%)
GOOG : 329.29 (+3.16%)
GOOGL : 331.72 (+3.24%)
SOCL : 45.68 (+1.75%)
RDDT : 154.43 (+3.40%)
What You Need to Know Ahead of Corning’s Earnings Release

Corning is set to report its first-quarter results later this month, and analysts are projecting a double-digit increase in earnings.

GLW : 170.15 (-2.87%)
$SPX : 6,946.09 (+0.87%)
XLK : 146.74 (+0.78%)
Here's What to Expect From Sysco's Next Earnings Report

Sysco is expected to unveil its first-quarter results later this month, and analysts are projecting a single-digit decline in profit.

SYY : 73.67 (+0.42%)
$SPX : 6,946.09 (+0.87%)
XLP : 81.21 (-0.42%)
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