British Pound Mar '19 (B6H19)
British Pound Futures Market News and Commentary
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 dollar liquidity. Also, Wednesday’s weaker-than-expected reports on July ADP employment and July ISM services were bearish for the dollar. Losses in the dollar are limited on hawkish comments from Kansas City Fed President Jeff Schmid and Minneapolis Fed President Neel Kashkari, who said tighter Fed policy was needed to reduce inflation.
The US July ADP employment change rose by +44,000, weaker than expectations of +65,000.
The US July ISM services index rose +0.1 to 54.1, weaker than expectations of 54.5. The July ISM services price paid sub-index unexpectedly rose +2.6 to 70.3, stronger than expectations of a decline to 65.0.
Tuesday evening, Kansas City Fed President Jeff Schmid said, “Given the strength of demand and investment, I do not see the current stance of monetary policy as restrictive. As such, I be... Read more
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 · Mon Aug 3, 2:38PM CDT
The dollar index (DXY00 ) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions...
Barchart · 3 minutes ago
Applied Materials has significantly outperformed the broader market over the past year, and analysts are highly optimistic about the stock’s prospects....
Barchart · 9 minutes ago
Although Block has underperformed the broader market over the past year, Wall Street analysts maintain a strongly optimistic outlook about the stock’s...
Barchart · 18 minutes ago
Here’s why Cuban says a job simulator will be a game-changer for employers in the future.
Barchart · 31 minutes ago
While a debit spread on XEL stock is a risky proposition, the derivative may be wildly underpriced.
Barchart · 38 minutes ago
Shake Shack stock rallies as activist investor Starboard reveals a sizable stake. Strong Q2 earnings also contributed to SHAK shares’ surge on Wednesday....
Barchart · 1 hour ago
Soybeans are trading 1 to 2 cents lower early on Thursday morning, with August up 2 cents. Futures saw losses of 2 to 3 ½ cents across most contracts...
Barchart · 1 hour ago
Live cattle futures posted gains of 42 cents to $2.22 across the board on Wednesday. Cash trade has been quiet so far this week following the $232-235...
Barchart · 1 hour ago
Cotton prices are trading with Thursday morning losses of 3 to 6 points. Futures were back up 48 to 71 points across the board at the Wednesday close....