British Pound Dec '23 (B6Z23)
British Pound Futures Market News and Commentary
The dollar index (DXY00) on Tuesday rose by +0.07%.  The dollar moved higher amid month- and quarter-end demand, with Tuesday being the last trading day of Q2. Also, Tuesday’s decline in the yen to a 39-year low is dollar-supportive. In addition, higher T-note yields on Tuesday strengthened the dollar’s interest rate differentials.  Tuesday’s US economic news was mixed for the dollar, with the May JOLTS job openings unexpectedly rising to a 2-year high, but the June Conference Board consumer confidence index rising less than expected.
The US Apr S&P Cotality composite-20 home price index rose +1.14% y/y, stronger than expectations of +0.90% y/y.
The US Jun MNI Chicago PMI fell -6.0 to 56.7, a smaller decline than expectations of 55.1.
The US Jun Conference Board consumer confidence index rose +0.6 to 91.2, weaker than expectations of 94.4.
The US May JOLTS job openings unexpectedly increased by +9,000 to a 2-year high of 7.594 million, showing a stronger lab... Read more
Barchart · Tue Jun 30, 2:46PM CDT
Forex dynamics and policy intervention could prompt an unwinding of the yen carry trade just as US market volume thins out.
Barchart · Tue Jun 30, 2:35PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.07%. The dollar moved higher amid month- and quarter-end demand, with Tuesday being the last trading day...
Barchart · Tue Jun 30, 9:37AM CDT
The dollar index (DXY00 ) today is up by +0.21%. The dollar is moving higher on month- and quarter-end demand, with today being the last trading day of...
Barchart · Mon Jun 29, 2:35PM CDT
The dollar index (DXY00 ) on Monday fell by -0.26%. The dollar retreated as Monday's stock rally curbed liquidity demand for the dollar. However, losses...
Gold Price Forecast · Mon Jun 29, 11:42AM CDT
Are you ready for even bigger declines?
Barchart · Mon Jun 29, 9:37AM CDT
The dollar index (DXY00 ) today is down by -0.13%. Today's stock rally has curbed liquidity demand for the dollar. However, losses in the dollar are...
Barchart · 22 minutes ago
The wheat complex found some footing for the bulls, as all three exchanges were higher. Chicago SRW contracts were 1 3/4 to 11 1/4 cents higher across...
Barchart · 22 minutes ago
Soybeans bought the fact after on Tuesday, as contracts closed with 4 ¾ to 12 ½ cent gains. The cmdtyView national average Cash Bean price was up 7 3/4...
Barchart · 22 minutes ago
Live cattle futures were down 57 cents to $1.22 across the board on Tuesday. June futures expired at $258.20. Cash trade has been quiet this week with...
Barchart · 22 minutes ago
Corn futures faded off the initial post report strength on Tuesday, with contracts closing 4 to 6 ½ cents higher. July was up 10 ¾ cents. The CmdtyView...
Barchart · 22 minutes ago
Lean hog futures were 47 to 92 cents higher in the nearbys on Tuesday, with deferred contracts down 32 to 47 cents. USDA’s national base hog price was...
Barchart · 22 minutes ago
Cotton futures found strength to round out June, with contracts 22 to 43 points higher despite USDA reporting more acres than expected this morning. Crude...
Barchart · 1 hour ago
Wells Fargo raises price target on AMD stock to $615. Here’s why the firm remains bullish on AMD shares for the remainder of 2026.
Barchart · 1 hour ago
Piper Sandler double-upgrades Block stock to "Overweight" and raises its price target to $100. Here’s why the investment firm recommends buying XYZ shares...