Australian Dollar Jun '23 (A6M23)
Australian Dollar Futures Market News and Commentary
The dollar index (DXY00) today is up by +0.17%.  The dollar recovered from a 6-week low today and is moving higher on better-than-expected US economic news. Weekly jobless claims fell more than expected, and the Apr Philadelphia Fed business outlook survey unexpectedly rose to a 15-month high. Also, hawkish comments today from New York Fed President John Williams, who signaled he favors steady Fed policy, are supportive of the dollar.
The dollar initially moved lower today as the US and Iran are considering extending their ceasefire, which ends on Tuesday, by another two weeks to allow more time to negotiate a peace agreement, easing geopolitical concerns and reducing safe-haven demand for the dollar.Â
US weekly initial unemployment claims fell -11,000 to 207,000, showing a stronger labor market than expectations of 213,000.Â
The US Apr Philadelphia Fed business outlook survey unexpectedly rose by +8.6 to a 15-month high of 26.7, stronger than expectations of a de... Read more
Barchart · Thu Apr 16, 9:40AM CDT
The dollar index (DXY00 ) today is up by +0.17%. The dollar recovered from a 6-week low today and is moving higher on better-than-expected US economic...
Wavetraders · Thu Apr 16, 6:33AM CDT
USDCAD is moving lower from the 1.3930 resistance and has also broken below the trendline support from the March lows, which suggests a reversal is underway....
Barchart · Wed Apr 15, 2:43PM CDT
The dollar index (DXY00 ) on Wednesday fell by -0.07%. The dollar fell slightly on Wednesday after the S&P 500 rallied to a new all-time high, reducing...
Barchart · Wed Apr 15, 10:19AM CDT
June British pound futures present a buying opportunity on more price strength.
Barchart · Wed Apr 15, 9:38AM CDT
The dollar index (DXY00 ) today is up by +0.02%. The dollar is little changed today, awaiting fresh news on US-Iran peace talks. The dollar found some...
Barchart · Tue Apr 14, 2:34PM CDT
The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns...
Barchart · 8 minutes ago
Duke Energy is scheduled to announce its fiscal first-quarter earnings next month, and analysts project a single-digit profit rise.
Barchart · 17 minutes ago
Oracle will source up to 2.8 GW of energy from the fuel cell company.
Barchart · 35 minutes ago
May NY world sugar #11 (SBK26 ) today is up +0.15 (+1.11%), and Aug London ICE white sugar #5 (SWQ26 ) is up +6.20 (+1.50%). Sugar prices are moving higher...
Barchart · 41 minutes ago
GE Aerospace could deliver strong quarterly results, driven by a large installed base, robust demand, and a solid backlog.
Barchart · 42 minutes ago
Allbirds shares experienced a meteoric rally after the company announces an AI pivot. But disciplined investors are cautioned against chasing the momentum...
Barchart · 47 minutes ago
D-Wave stock charges higher on Nvidia’s launch of Ising AI models. Here’s why the announcement warrants buying QBTS shares in 2026.
Barchart · 53 minutes ago
The CEO share purchase adds a bullish signal for Nike, but investors may still face a slow rebound ahead.
Barchart · 58 minutes ago
May ICE NY cocoa (CCK26 ) today is down -116 (-3.34%), and May ICE London cocoa #7 (CAK26 ) is down -62 (-2.43%). Cocoa prices are sliding today amid concerns...
