British Pound Mar '19 (B6H19)
British Pound Futures Market News and Commentary
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 than expected, Q2 nonfarm productivity rose more than expected, and Q2 unit labor costs rose less than expected. The dollar also has support from today’s +1% increase in WTI crude oil prices, which raises inflation expectations and is hawkish for Fed policy.
The dollar also has support from a Financial Times report today that said Fed Chair Warsh is willing to raise interest rates at the September FOMC meeting if inflation firms and market expectations shift further towards tightening in the coming months.
US weekly initial unemployment claims rose +1,000 to 199,000, showing a stronger labor market than expectations of 205,000.
US Q2 nonfarm productivity rose +1.4%, stronger than expectations of +0.6%. Q2 unit labor costs rose +1.3%, less than expectations of +2.1%.
The markets are discounting a 58% probabi... Read more
Barchart · 5 minutes ago
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 · Wed Aug 5, 9:35AM CDT
The dollar index (DXY00 ) is down by -0.20% today. The dollar is falling today as stock strength has reduced demand for liquidity in the dollar. Also,...
Barchart · Wed Aug 5, 9:16AM CDT
Here's why there may be a buying opportunity for December Euro currency futures on price strength.
Barchart · Tue Aug 4, 2:33PM CDT
The dollar index (DXY00 ) fell by -0.03% on Tuesday. The dollar was under pressure Tuesday as hopes for a deal to reopen the Strait of Hormuz have boosted...
Barchart · Tue Aug 4, 9:36AM CDT
The dollar index (DXY00 ) is down by -0.06% today. The dollar is under pressure today as hopes for a deal to reopen the Strait of Hormuz have boosted...
Barchart · 4 minutes ago
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 · 6 minutes ago
Disney believes its shares are undervalued and has increased its buybacks for the current fiscal year. Here's why the company is right.
Barchart · 10 minutes ago
Caterpillar’s record quarter shows how the AI data-center buildout is boosting demand for its power-generation and construction equipment.
Barchart · 12 minutes ago
SolarEdge shares crashed yesterday on disappointing future guidance. Here’s why SEDG stock isn’t particularly attractive to buy on the dip.
Barchart · 14 minutes ago
D-Wave’s 240x faster network optimization result with AT&T could strengthen the case for broader commercial adoption.
Barchart · 15 minutes ago
Merck has outperformed the broader market over the past year, and analysts remain optimistic about the stock.
Barchart · 28 minutes ago
Although Mastercard Incorporated has lagged behind the broader market over the past year, Wall Street analysts maintain a bullish outlook about the stock’s...
Barchart · 32 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.03%, and the Nasdaq 100 Index ($IUXX )...