Australian Dollar Sep '16 (A6U16)
Australian Dollar Futures Market News and Commentary
The dollar index (DXY00) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April retail sales report, signaling signs of a resilient US economy. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a potential framework under which each country identifies about $30 billion in goods on which tariffs could be eased without threatening national security interests. The dollar added to its gains on comments from Kansas City Fed President Jeff Schmid, who said the fundamentals of the US economy are sound.
US weekly initial unemployment claims rose +12,000 to 211,000, showing a slightly weaker labor market than expectations of 205,000.Â
US Apr retail sales rose +0.5% m/m, right on expectations. Also, Apr retail sales ex-autos rose +0.7% m/m, right on expectations.
The US Apr import price index ex-petroleum rose... Read more
Wavetraders · Fri May 15, 2:42AM CDT
Kiwi is reversing quite aggressively to the downside, and notice that price on the 4 hour time frame is currently breaking the trend line support connected...
Barchart · Thu May 14, 2:32PM CDT
The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April...
Barchart · Thu May 14, 9:38AM CDT
The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report....
Wavetraders · Thu May 14, 4:28AM CDT
EURCHF may dip toward 0.9100 support within wave C of (Y) before the broader bullish trend resumes.
Barchart · Wed May 13, 2:36PM CDT
The dollar index (DXY00 ) rallied to a 1.5-week high on Wednesday, finishing up by 0.22%. The dollar moved higher on Wednesday on the stronger-than-expected...
Barchart · Wed May 13, 9:45AM CDT
The dollar index (DXY00 ) climbed to a 1.5-week high today and is up by +0.22%. The dollar is moving higher today on the stronger-than-expected US Apr...
Barchart · 17 minutes ago
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
Barchart · 26 minutes ago
Despite Targa Resources significantly outperforming the broader market over the past year, Wall Street analysts continue to maintain a strongly bullish...
Barchart · 29 minutes ago
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Barchart · 32 minutes ago
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Barchart · 35 minutes ago
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Barchart · 39 minutes ago
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Barchart · 41 minutes ago
Demand for Marvell’s data center and custom AI chips continues to accelerate as hyperscalers ramp up spending on next-generation AI infrastructure.
Barchart · 46 minutes ago
While PulteGroup has underperformed the S&P 500 over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about the stock’s...
