British Pound Jun '12 (B6M12)
British Pound Futures Market News and Commentary
The dollar index (DXY00) fell by -0.02% on Friday, holding just above Thursday’s 3.25-month low. Strength in stocks on Friday reduced demand for dollar liquidity. The dollar is still weighed down by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Friday’s US economic news was mixed for the dollar, with the Aug S&P manufacturing PMI falling more than expected, but the Aug S&P services PMI rising more than expected.
The US Aug S&P manufacturing PMI fell -0.7 to 53.2, weaker than expectations of no change at 53.9, but the Aug S&P services PMI unexpectedly rose +2.8 to 56.8, stronger than expectations of a decline to 54.0 and the fastest pace of expansion in 4.5-years.
The markets are discounting a 40% probability of a +25 bp rate hike at the next FOMC meeting on September 15-16.
EUR/USD (^EURUSD) matched Thursday’s 3.25-month high on Friday and finished up by +0.02%. Signs of s... Read more
Barchart · Fri Aug 21, 2:34PM CDT
The dollar index (DXY00 ) fell by -0.02% on Friday, holding just above Thursday’s 3.25-month low. Strength in stocks on Friday reduced demand for dollar...
Barchart · Fri Aug 21, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.03% today, holding just above Thursday’s 3.25-month low. Strength in stocks today has reduced demand for dollar...
Barchart · Fri Aug 21, 9:26AM CDT
December Euro currency futures present a buying opportunity on more price strength.
Barchart · Thu Aug 20, 2:36PM CDT
The dollar index (DXY00 ) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected...
Barchart · Thu Aug 20, 9:32AM CDT
The dollar index (DXY00 ) recovered from a 3-month low today and is up +0.05%. Short covering emerged in the dollar today on better-than-expected US economic...
Barchart · Wed Aug 19, 5:52PM CDT
Like a dealer buying his own stash, the Treasury is propping up the market for long-dated bonds – and it won’t end well.
Barchart · 3 minutes ago
Thanedar and others were late to filing disclosures.
Barchart · 7 minutes ago
The wheat complex is in the red across the three exchanges on Friday. Chicago SRW contracts were fractionally to 1 ¼ cents lower on Friday, with September...
Barchart · 7 minutes ago
Cotton futures were up 1 to 7 points in the front months on Friday, with contracts down 8 points to 20 points higher. December was up 355 points on the...
Barchart · 7 minutes ago
Corn futures found late strength on Friday with contracts 2 ¾ to 6 ½ cents higher across the board. September was 24 ¾ cents higher on the week, with...
Barchart · 7 minutes ago
Soybeans pushed higher late on Friday, with contracts up 1 to 4 ¼ cents at the close. September was up 47 ¼ cents on the week, with November 47 cents...
Barchart · 7 minutes ago
Live cattle futures pull off early losses on Friday, with contracts closing down 30 cents to $1.15 higher. October was up 95 cents on the week. Cash trade...
Barchart · 7 minutes ago
Lean hog futures posted gains of 50 to 77 cents across most contracts on Friday, with October slipping 87 cents on the week. USDA’s national base hog...
Barchart · 57 minutes ago
ADBE stock has rebounded sharply from its 2026 lows. While the valuations are still reasonable, it would be prudent to take some profits off the table...