U.S. Dollar Index Jun '24 (DXM24)
U.S. Dollar Index Futures Market News and Commentary
The dollar index (DXY00) fell from a 1.25-month high today and is down by -0.21%. The dollar gave up overnight gains today and turned lower after crude oil prices retreated following reports that the US proposed a temporary waiver of sanctions on Iran’s oil. Lower crude prices lower inflation expectations and are dovish for Fed policy and bearish for the dollar. Also, stronger stock prices today reduced liquidity demand for the dollar. The dollar recovered from its worst level today after the May NAHB housing market index unexpectedly strengthened.
The dollar initially moved higher today on increased safe-haven demand after President Trump said the “clock is ticking” on Iran and it “better get moving FAST on a peace deal, or there won’t be anything left of them.” Also, ramped-up geopolitical tensions boosted safe-haven demand for the dollar after Reuters reported that Pakistan has deployed 8,000 troops, a squadron of fighter jets, and an air defense system to Saudi Arabia... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) fell from a 1.25-month high today and is down by -0.21%. The dollar gave up overnight gains today and turned lower after crude...
Blue Line Futures · Mon May 18, 6:18AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 661)
Barchart · Fri May 15, 2:33PM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high on Friday and finished up by +0.47%. The dollar rallied on Friday on concerns that strong US economic...
Barchart · Fri May 15, 9:38AM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high today and is up by +0.39%. The dollar is climbing today on concerns that strong US economic news...
Wavetraders · Fri May 15, 2:42AM CDT
Kiwi is reversing quite aggressively to the downside, and notice that price on the 4 hour time frame is currently breaking the trend line support connected...
Barchart · Thu May 14, 2:32PM CDT
The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April...
Barchart · 5 minutes ago
State Street Corporation has rallied the broader market over the past year, and analysts remain moderately optimistic about the stock’s prospects.
Barchart · 11 minutes ago
Investors dumped OKLO after its quarterly report recently. But Wall Street knows July 4 could be the real fireworks show for this next-generation nuclear...
Barchart · 19 minutes ago
July ICE NY cocoa (CCN26 ) today is down -224 (-5.60%), and July ICE London cocoa #7 (CAN26 ) is down -167 (-6.50%). Cocoa prices today extended their...
Barchart · 32 minutes ago
July arabica coffee (KCN26 ) today is down -2.45 (-0.92%), and July ICE robusta coffee (RMN26 ) is down -56 (-1.66%). Coffee prices today added to last...
Barchart · 40 minutes ago
Cathie Wood just made a massive bet on the AI chip startup, Cerebras, that is challenging Nvidia.
Barchart · 43 minutes ago
June WTI crude oil (CLM26 ) today is up +1.44 (+1.38%), and June RBOB gasoline (RBM26 ) is up +0.0441 (+1.19%). Crude oil and gasoline prices rallied...
Barchart · 49 minutes ago
Colgate-Palmolive (CL) shares are making the most of the latest market attempt to broaden. The stock currently maintains a 56% “BUY” technical opinion...
Barchart · 52 minutes ago
Despite Pentair’s underperformance relative to the broader market over the past six months, Wall Street analysts maintain a moderately optimistic outlook...
