British Pound Cash (B6Y00)
British Pound Futures Market News and Commentary
The dollar index (DXY00) today is unchanged. The dollar index is being undercut today as oil prices fell back by about -3%. Also, the 10-year T-note yield is down by about -3 bp after posting a new 1.5-year high earlier in the session. The dollar has underlying safe-haven support as the market is braced for a possible expansion of US military attacks on Iran, which President Trump said he is considering.
The dollar has safe-haven demand after the Iran-backed Houthis on Thursday launched a missile and drone attack on two Saudi Arabian oil tankers in the Red Sea, expanding the oil disruptions beyond the Strait of Hormuz and threatening oil shipments in the Red Sea. President Trump responded by saying he will hold Iran responsible for the Houthi attacks and telling Axios in an interview on Thursday that he is considering a "massive attack" that would be "bigger than ever before" and is "close to making a decision on it."
The Houthis have vowed to blockade shipping linke... Read more
Barchart · Fri Jul 24, 9:56AM CDT
The dollar index (DXY00 ) today is unchanged. The dollar index is being undercut today as oil prices fell back by about -3%. Also, the 10-year T-note...
Barchart · Thu Jul 23, 2:41PM CDT
The dollar index (DXY00 ) on Thursday rose by +0.35%. The dollar found support from strong US interest rate differentials, as the 10-year T-note yield...
Barchart · Thu Jul 23, 2:00PM CDT
While the U.S. dollar index measures the U.S. currency against other leading world reserve currencies, it can be a useless metric when all index components...
Barchart · Thu Jul 23, 9:54AM CDT
The dollar index (DXY00 ) is up +0.37%. The dollar is finding support from strong US interest rate differentials, as the 10-year T-note yield rose by...
Barchart · Thu Jul 23, 8:55AM CDT
September U.S. T-Note futures present a selling opportunity on more price weakness.
Barchart · Wed Jul 22, 2:35PM CDT
The dollar index (DXY00 ) fell by -0.04% on Wednesday. The dollar posted modest losses on Wednesday amid a mild recovery in the euro and the yen. The...
Barchart · 2 minutes ago
Bank of America says open-source AI models could expand memory demand, reinforcing its bullish outlook on Micron despite MU stock's massive rally.
Barchart · 5 minutes ago
Oracle has secured a $7 billion contract from the U.S. Department of Defense. But does that warrant buying ORCL shares?
Barchart · 25 minutes ago
XLY's bull put spread and IWM's bull call spread signal bullish sentiment despite recent losses, while XLE's long straddle bets on volatility amid rising...
Barchart · 33 minutes ago
The wheat complex is facing pressure from money coming off the table into the weekend following Black Sea news. Chicago SRW contracts are down 18 to 20...
Barchart · 33 minutes ago
Lean hog futures are mixed at midday, with contracts 50 cents higher to a dine lower. USDA’s national base hog price was down $4.70 in the Friday AM...
Barchart · 33 minutes ago
Soybeans are trading with contracts 10 to 11 cents higher at Friday’s midday. The cmdtyView national average Cash Bean price is up 10 1/4 cents at $12.14...
Barchart · 33 minutes ago
Live cattle futures are up 50 cents to a tick lower in the front months. Cash trade has picked up mostly to $230 across the country. The Friday Fed Cattle...
Barchart · 33 minutes ago
Cotton futures are trading with 74 to 95 point losses across most contracts on Friday, facing some outside pressure. Crude oil is back down $3.96 per barrel,...