U.S. Dollar Index Cash (DXY00)
U.S. Dollar Index Futures Market News and Commentary
The dollar index (DXY00) on Tuesday rose by +0.34%. The dollar moved higher on Tuesday amid renewed concerns that the US-Iran ceasefire may break down after President Trump said the current ceasefire was on “life support.” Tuesday’s +4% surge in crude oil prices also boosted inflation expectations and may prompt the Fed to tighten monetary policy, a supportive factor for the dollar. In addition, stock weakness on Tuesday spurred some liquidity demand for the dollar. The dollar added to its gains on Tuesday’s stronger-than-expected US Apr CPI report, a hawkish factor for Fed policy.
US Apr CPI rose +3.8% y/y, stronger than expectations of +3.7% y/y and the fastest pace of increase in almost three years. Apr core CPI rose +2.8% y/y, stronger than expectations of +2.7% y/y and the largest increase in six months.
Tuesday’s comments from Chicago Fed President Austan Goolsbee were hawkish and supportive of the dollar, as he said the worst part of the April CPI report is ser... Read more
Barchart · Tue May 12, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.34%. The dollar moved higher on Tuesday amid renewed concerns that the US-Iran ceasefire may break down...
Barchart · Tue May 12, 9:44AM CDT
September Australian dollar futures present a buying opportunity on more price strength.
Barchart · Tue May 12, 9:34AM CDT
The dollar index (DXY00 ) today is up by +0.45%. The dollar is climbing today on renewed concerns that the US-Iran ceasefire may break down after President...
Wavetraders · Tue May 12, 1:48AM CDT
NZDJPY remains below the 95 resistance zone and could still be forming a wave four correction before another push higher toward 96–97.
Barchart · Mon May 11, 2:34PM CDT
The dollar index (DXY00 ) on Monday rose by +0.05%. The dollar was supported on Monday by increased safe-haven demand after the US and Iran failed to...
Barchart · Mon May 11, 9:42AM CDT
The dollar index (DXY00 ) today is down by -0.03%. The dollar gave up an early advance today and turned lower after US Apr existing home sales rose less...
Barchart · 1 minute ago
Yum! Brands has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Barchart · 6 minutes ago
NetApp has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Barchart · 24 minutes ago
AMD is turning from an AI challenger into a serious infrastructure force as server CPU demand accelerates.
Barchart · 54 minutes ago
Using the June 18th expiry, the trade would involve buying the 17 strike call, selling two of the 25 strike calls and buying one of the 33 strike calls....
Barchart · 1 hour ago
June S&P 500 E-Mini futures (ESM26) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.79% this morning, buoyed by gains in technology...
Barchart · Tue May 12, 6:30PM CDT
McDonald's stock is trading near its 52-week lows and has a dividend yield of aroudn 2.7%. However, the stock does not look like a compelling buy yet.
Barchart · Tue May 12, 5:27PM CDT
Cotton futures closed the Tuesday session with front months down 105 to 145 points. The US dollar index was $0.366 higher at $98.190. Crude oil was up...
Barchart · Tue May 12, 5:27PM CDT
Live cattle futures posted $1.70 to $2.80 losses across most front months. Cash trade has been quiet this week, with a few bids of $260. Last week settled...
