British Pound Dec '18 (B6Z18)
British Pound Futures Market News and Commentary
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 +5 bp and posted a new 1.5-year high amid today's surge in oil prices of more than +5%. The dollar is also seeing support from today's US unemployment claims report, which showed a slightly stronger US labor market than market expectations.
The dollar is also seeing safe-haven demand after the Iran-backed Houthis 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. The Houthis have vowed to blockade shipping linked to Saudi Arabia and warned shipowners against calling at the nation's ports. The move threatens Saudi oil exports from Yanbu, a Red Sea hub that the Saudi's are using to ship crude since the war brought shipping through the Strait of Hormuz to a near halt. President Trump said Tuesd... Read more
Barchart · 1 hour ago
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 · Wed Jul 22, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.10% today. The dollar is under modest pressure today amid a recovery in the yen, which rose from a 39-year low...
Barchart · Tue Jul 21, 2:34PM CDT
The dollar index (DXY00 ) rose by +0.23% on Tuesday. The dollar moved higher on Tuesday as the escalation of hostilities between the US and Iran is boosting...
Barchart · Tue Jul 21, 9:34AM CDT
The dollar index (DXY00 ) is up by +0.06% today. The dollar is slightly higher today as the escalation of hostilities between the US and Iran is boosting...
Barchart · 8 minutes ago
Wall Street is growing more bullish on CoreWeave as analysts see continued strength in AI infrastructure demand.
Barchart · 32 minutes ago
September arabica coffee (KCU26 ) today is down -7.05 (-2.23%), and September ICE robusta coffee (RMU26 ) is down -86 (-2.27%). Coffee prices are lower...
Barchart · 36 minutes ago
Tesla’s earnings highlighted the steep cost of building its AI future. Mulk acknowledged Optimus faces major manufacturing challenges despite long-term...
Barchart · 50 minutes ago
Rocket Lab's expanding defense business is adding fresh momentum to its long-term investment story despite recent stock turbulence.
Barchart · 57 minutes ago
Crocs (CROX) demonstrates strong technical momentum, with a recent 25% gain since a new “Buy” signal was issued. Shares are up more than 20% over the...
Barchart · 1 hour ago
Tapestry is scheduled to report its fourth-quarter results soon, and analysts expect a double-digit earnings rise.
Barchart · 1 hour ago
September WTI crude oil (CLU26 ) on Wednesday closed up +2.49 (+2.95%), and September RBOB gasoline (RBU26 ) closed up +0.0186 (+0.58%). WTI crude oil...
Barchart · 1 hour ago
Super Micro's stock surged after the AI server maker nearly doubled its margin outlook and revealed a record $60 billion order backlog.