British Pound Jun '25 (B6M25)
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 · Thu Aug 6, 1:59AM CDT
Weyerhaeuser stock has underperformed the broader market over the past year, while analysts remain fairly bullish about its prospects.
Barchart · Thu Aug 6, 1:20AM CDT
Shares of EQT Corporation have underperformed recently. However, analysts are overwhelmingly optimistic about the company's long-term outlook.
Barchart · Wed Aug 5, 6:30PM CDT
PepsiCo is trading near 52-week lows while rival Coca-Cola is near its 52-week highs. However, a dividend yield of over 4% and tepid valuations make PEP...
Barchart · Wed Aug 5, 4:49PM CDT
Soybeans saw losses of 2 to 3 ½ cents across most contracts on Wednesday, with deferreds fractionally mixed. The cmdtyView national average Cash Bean...
Barchart · Wed Aug 5, 4:49PM CDT
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 · Wed Aug 5, 4:49PM CDT
Corn futures closed down a penny to 5 ¾ cents across most contracts at the Wednesday close, as pressure continues. The front months took the brunt of...
Barchart · Wed Aug 5, 4:49PM CDT
The wheat complex saw mixed trade into the Wednesday close. Chicago SRW contracts were 3 3/4 to 10 cents higher to close out the midweek session. KC HRW...
Barchart · Wed Aug 5, 4:48PM CDT
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...