U.S. Dollar Index Sep '20 (DXU20)
U.S. Dollar Index Futures Market News and Commentary
The dollar index (DXY00) on Monday rose by +0.17% and is just below last Friday’s 13-month high. The dollar erased early losses on Monday and moved higher after the euro declined when ECB President Lagarde pushed back against any additional tightening of monetary policy by the ECB due to the US-Iran war. The dollar also has carryover support from last Wednesday, when the FOMC projected higher interest rates later this year. In addition, higher T-note yields on Monday have strengthened the dollar’s interest rate differentials and were supportive of the dollar.
The dollar initially moved lower on Monday on reduced safe-haven demand after Iran said there had been “major progress” in overnight discussions with the US over a peace deal. Also, Monday’s -2% fall in WTI crude oil prices is dovish for Fed policy and negative for the dollar.
Iran said there had been “major progress” in all-night discussions with the US over a peace deal following the interim agreement last week... Read more
Wavetraders · Tue Jun 23, 1:21AM CDT
In this Elliott Wave webinar, Grega Horvat reviewed the latest developments across global markets, including the US dollar, US-Iran negotiations, stocks,...
Barchart · Mon Jun 22, 2:36PM CDT
The dollar index (DXY00 ) on Monday rose by +0.17% and is just below last Friday’s 13-month high. The dollar erased early losses on Monday and moved...
Barchart · Mon Jun 22, 9:41AM CDT
The dollar index (DXY00 ) today is up by +0.12% and just below last Friday's 13-month high. The dollar erased early losses today and moved higher after...
TradeGuidance · Mon Jun 22, 7:07AM CDT
We analyze our core playbook
EdgeClear · Fri Jun 19, 7:02AM CDT
6B, the futures contract tracking the British pound against the US dollar, has spent the past month caught between resilient domestic data and an unpredictable...
Wavetraders · Fri Jun 19, 4:22AM CDT
When looking at the dollar, it would not be a surprise to see some setback because after all we can count five waves up from the 99.10 level, and this...
Barchart · 5 minutes ago
While Expand Energy has trailed its energy peers over the past year, analysts remain overwhelmingly positive on the stock.
Barchart · 6 minutes ago
Live cattle futures closed with Monday session with contracts 72 cents to $2.17 higher across the board, though most contracts were nearly $2 off the intraday...
Barchart · 6 minutes ago
Lean hog futures were steady to 70 cents lower across the board on Monday. Open interest was down 1,039 contracts. USDA’s national base hog price was...
Barchart · 6 minutes ago
Cotton price action is falling early on Tuesday. Futures rounded out the Monday trade with contracts down 12 to 95 points lower. Crude oil was down another...
Barchart · 6 minutes ago
Wheat is trading with Tuesday AM losses across the three markets. The wheat complex was under pressure across the three markets to kick off the Monday...
Barchart · 6 minutes ago
Soybeans are trading with 2 to 4 cent gains on Tuesday morning. Futures closed mixed on Monday, with most front months steady to down 7 cents. Deferred...
Barchart · 6 minutes ago
Corn prices are up ¾ cent to a penny so far on Tuesday AM trade. Futures closed the Monday session with contracts down 2 ½ to 6 cents across the board....
Barchart · 11 minutes ago
Although BXP has underperformed the broader Nasdaq Composite over the past year, analysts remain moderately bullish on the stock's outlook.