Australian Dollar Cash (A6Y00)
Australian Dollar Futures Market News and Commentary
The dollar index (DXY00) rose by +0.24% on Tuesday.  The dollar rose on Tuesday amid weakness in stocks, boosting liquidity demand for the currency. Also, higher crude oil prices on Tuesday pushed up inflation expectations and could persuade the Fed to keep monetary policy tight, a supportive factor for the dollar. In addition, hawkish comments from New York Fed President John Williams were supportive of the dollar, as he said inflation remains quite high.  The dollar fell from its best level on Tuesday after the US May trade deficit widened to a 14-month high.Â
The US May trade deficit widened to -$77.6 billion, the largest deficit in 14 months and a negative factor for Q2 GDP.
New York Fed President John Williams said inflation remains quite high and that he sees steady economic growth and labor market stability.
The swaps markets are discounting the odds at 25% for a +25 bp rate hike at the next FOMC meeting on July 28-29.
EUR/USD (^EURUSD) on Tuesday fel... Read more
Barchart · Tue Jul 7, 2:39PM CDT
The dollar index (DXY00 ) rose by +0.24% on Tuesday. The dollar rose on Tuesday amid weakness in stocks, boosting liquidity demand for the currency. ...
Barchart · Tue Jul 7, 9:32AM CDT
The dollar index (DXY00 ) is up by +0.13% today. The dollar is moving higher today amid weakness in stocks, which is boosting liquidity demand for the...
Wavetraders · Tue Jul 7, 1:13AM CDT
This week's market outlook covers the latest Elliott Wave analysis across Forex, commodities, stocks, and cryptocurrencies. We discuss the outlook for...
Barchart · Mon Jul 6, 2:35PM CDT
The dollar index (DXY00 ) on Monday fell by -0.01%. The dollar erased early gains on Monday and posted modest losses on negative carryover from last Friday’s...
Barchart · Mon Jul 6, 9:39AM CDT
The dollar index (DXY00 ) today is up by +0.22%. The dollar is moving higher today on the as-expected Jun ISM services index report. The dollar also...
Barchart · Mon Jul 6, 9:39AM CDT
September Australian dollar futures present a selling opportunity on more price weakness.
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Cotton futures closed with contracts 99 to 299 points higher, with some contracts hitting the three cent limit at the high. The outside markets were mixed,...
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Lean hog futures posted losses of 35 cents to $1.60, with nearby July up a dime. USDA’s national base hog price was reported at $96.42 on Tuesday afternoon....
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