British Pound Mar '19 (B6H19)
British Pound Futures Market News and Commentary
The dollar index (DXY00) rose to a 1-week high on Thursday and finished up by +0.03%. The dollar found some support on Thursday after weekly US jobless claims unexpectedly declined, signaling strength in the labor market. Also, hawkish comments on Thursday from Kansas City Fed President Jeff Schmid and Cleveland Fed President Beth Hammack supported the dollar when they said current Fed policy isn’t in restrictive territory. However, the dollar gave up nearly all of its gains as stocks rallied, which curbed liquidity demand for the dollar.
US weekly initial unemployment claims unexpectedly fell -4,000 to 203,000, showing a stronger labor market than expectations of an increase to 208,000.
Kansas City Fed President Jeff Schmid said current Fed policy is not restraining the economy at a time when inflation continues to run above its 2% target. He added that the interest rate setting "might be accommodative on the short end" and that "we've got work to do."
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Barchart · Thu Aug 27, 2:35PM CDT
The dollar index (DXY00 ) rose to a 1-week high on Thursday and finished up by +0.03%. The dollar found some support on Thursday after weekly US jobless...
Barchart · Thu Aug 27, 9:32AM CDT
The dollar index (DXY00 ) rose to a 1-week high today and is up +0.01%. The dollar found some support today after weekly US jobless claims unexpectedly...
Barchart · Thu Aug 27, 9:19AM CDT
December British pound futures present a buying opportunity on more price strength.
Barchart · Wed Aug 26, 2:37PM CDT
The dollar index (DXY00 ) rose by +0.24% on Wednesday. The dollar moved higher on Wednesday due to signs of strength in the US economy after July personal...
Barchart · Wed Aug 26, 9:39AM CDT
The dollar index (DXY00 ) is up by +0.23% today. The dollar is moving higher today on signs of strength in the US economy after July personal spending...
Barchart · Tue Aug 25, 2:33PM CDT
The dollar index (DXY00 ) fell by -0.06% on Tuesday. The dollar gave up an early advance on Tuesday and posted modest losses on weaker-than-expected US...
Barchart · 21 minutes ago
Potential bidders including ExxonMobil and LyondellBasell are looking at Shell’s U.S. chemicals assets in a deal that could fetch up to $8 billion.
Barchart · 1 hour ago
Cotton futures rallied into the Thursday close, as December rallied above 90 cents. Contracts closed with gains of 304 to 329 points across the front months....
Barchart · 1 hour ago
Lean hog futures posted modest gains of 10 to 52 cents on Thursday, as October was the lone holdout, down 27 cents. USDA’s national base hog price was...
Barchart · 1 hour ago
Live cattle futures posted gains of $1.82 to $3.52 cents across the board on Thursday. Cash trade picked up to $220 Wednesday, firming $2 from Tuesday,...
Barchart · 1 hour ago
The wheat complex pushed the recent strength to 3-year highs in the winter wheat exchanges on Thursday. Chicago SRW contracts ended the session with contracts...
Barchart · 1 hour ago
Soybeans closed Thursday with contracts up 1 to 2 ¼ cents on the day. The cmdtyView national average Cash Bean price is up 2 3/4 cents at $12.32 1/2....
Barchart · 1 hour ago
Corn futures faded back on Thursday, after rallying in the first half of the week with contracts slipping 3 to 4 ¼ cents in the front months. Deferreds...
Barchart · 1 hour ago
Pelosi bought call options on Intel along with shares of INTC stock.