Australian Dollar Dec '27 (A6Z27)
Australian Dollar Futures Market News and Commentary
The dollar index (DXY00) dropped to a 7-week low on Friday and finished down -0.41%. The dollar tumbled on Friday after the US July payroll report showed an unexpected decline in nonfarm payrolls and a smaller-than-expected increase in average hourly earnings, dovish factors for Fed policy. Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The payroll report cut the chances of a Fed rate hike at next month’s FOMC meeting to 44% from 58% before the report.
US July nonfarm payrolls unexpectedly fell by -23,000, weaker than expectations of +80,000 and the first decline in 5 months. June payrolls were revised downward to show a +20,000 increase from the previously reported +57,000. The July unemployment rate unexpectedly fell -0.1 to a 13-month low of 4.1%, showing a stronger labor market than expectations of no change at 4.2%.
US July average hourly earnings rose +0.1% m/m and +3.2% y/y, weaker than expectations of +0.3% m/m and +3.5% y/y.
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Barchart · Fri Aug 7, 2:34PM CDT
The dollar index (DXY00 ) dropped to a 7-week low on Friday and finished down -0.41%. The dollar tumbled on Friday after the US July payroll report showed...
Barchart · Fri Aug 7, 9:31AM CDT
The dollar index (DXY00 ) dropped to a 7-week low today and is down by -0.34%. The dollar tumbled today on the US July payroll report that showed an unexpected...
Wavetraders · Fri Aug 7, 2:14AM CDT
NASDAQ100 has resumed its bullish trend after completing an ABC correction, while AUDJPY is also pointing higher. As long as JPY crosses remain strong,...
Barchart · Thu Aug 6, 2:32PM CDT
The dollar index (DXY00 ) rose by +0.26% on Thursday. The dollar rallied on Thursday amid favorable US economic news. Weekly jobless claims rose less...
Barchart · Thu Aug 6, 9:42AM CDT
The dollar index (DXY00 ) is up by +0.17% today. The dollar is moving higher today on some favorable US economic news. Weekly jobless claims rose less...
Barchart · Wed Aug 5, 2:35PM CDT
The dollar index (DXY00 ) fell by -0.17% on Wednesday. The dollar fell on Wednesday after the S&P 500 climbed to a new record high, reducing demand for...
Barchart · 11 minutes ago
Archer Daniels has outperformed the broader market over the past year, but analysts remain cautious about the stock.
Barchart · 27 minutes ago
SpaceX's $100 billion share unlock was supposed to crush the stock, but shares surged 10%. Here's what actually happened when the lockup hit.
Barchart · 57 minutes ago
This week is much more sedate on the earnings front after a busy few weeks, which could be a good or a bad thing depending on your approach. This week...
Barchart · 1 hour ago
It was a case of new week, same market dynamics pre-dawn Monday morning.
Barchart · 1 hour ago
September S&P 500 E-Mini futures (ESU26) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.12% this morning, pointing to a muted...
Barchart · Mon Aug 10, 4:49AM CDT
GE HealthCare has lagged the broader market despite strong earnings, while analysts remain moderately optimistic about its future prospects.
Barchart · Mon Aug 10, 4:43AM CDT
Accenture has significantly underperformed the broader market, while analysts remain moderately optimistic about its future growth prospects.
Barchart · Mon Aug 10, 4:32AM CDT
Honeywell Aerospace has significantly underperformed the broader market, while analysts remain moderately optimistic on its future prospects.