British Pound Jun '27 (B6M27)
British Pound Futures Market News and Commentary
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, today’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, 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 believe that bringing inflation down to the Fed’s 2% objective will require... Read more
Barchart · 34 minutes ago
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 · 54 minutes ago
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 · Mon Aug 3, 9:33AM CDT
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Barchart · 9 minutes ago
Zillow Group gears up for second-quarter results as management announces layoffs.
Barchart · 12 minutes ago
SIL sits at a classic point for technicians. It is trying to break out, but failure is also high probability.
Barchart · 22 minutes ago
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Barchart · 23 minutes ago
Dear Coherent stock fans, circle August 12. The photonics equipment maker is gearing up for its Q4 earnings report, and analysts are bullish.
Barchart · 27 minutes ago
Fifth Third Bancorp has outperformed the broader market over the past year, and analysts remain highly bullish about the stock’s prospects.
Barchart · 30 minutes ago
Meanwhile, Wall Street analysts see further gains in the stock as Palantir's accelerating growth trajectory leaves room for upside.
Barchart · 34 minutes ago
Although Regions Financial has outperformed the broader market over the past year, Wall Street analysts maintain a cautious outlook about the stock’s...
Barchart · 36 minutes ago
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,...