U.S. Dollar Index Dec '20 (DXZ20)
U.S. Dollar Index Futures Market News and Commentary
The dollar index (DXY00) on Monday rose by +0.25%. The dollar moved higher on Monday amid an increase in safe-haven demand after WTI crude oil prices surged more than +4% due to the escalation of tensions in the Middle East. Also, Monday’s better-than-expected US March factory orders report supports the dollar. The dollar also has carryover support from last Friday when President Trump threatened to raise tariffs on European automobile imports to as high as 25%.
Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire. On Monday, the United Arab Emirates (UAE) said an Iranian drone attack caused a fire at the Fujairah oil industry zone. Also, a cargo ship from South Korea was attacked in the Strait of Hormuz, and the UAE also issued a missile threat warning after an oil tanker was struck by... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) on Monday rose by +0.25%. The dollar moved higher on Monday amid an increase in safe-haven demand after WTI crude oil prices...
Barchart · Mon May 4, 9:44AM CDT
September British pound futures present a buying opportunity on more price strength.
Barchart · Mon May 4, 9:37AM CDT
The dollar index (DXY00 ) today is up +0.19%. The dollar is receiving support today on an increase in safe-haven demand after crude oil prices gained...
Barchart · Mon May 4, 7:30AM CDT
Pressure is building fast on EUR/USD — and two powerful macro forces could send it lower in May. Higher oil prices from Strait of Hormuz disruptions...
Barchart · Fri May 1, 2:32PM CDT
The dollar index (DXY00 ) on Friday rose +0.12%. The dollar recovered from a 2-week low on Friday and finished higher. Tariff tensions resurfaced on...
Barchart · Fri May 1, 9:35AM CDT
The dollar index (DXY00 ) today is down by -0.33%. The dollar added to Thursday's sharp losses today, falling to a 2-week low. The strength in other...
Barchart · 35 minutes ago
Cathie Wood's move signals that the market may be treating the spending surge as a temporary overhang on an otherwise intact long-term growth thesis.
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CEO Anthony Noto is urging investors to value SoFi as a high-growth tech platform rather than a traditional bank, pointing to 18 consecutive quarters of...
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The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.13%, and the Nasdaq 100...
Barchart · 51 minutes ago
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Options traders believe Palantir stock will push higher on Q1 earnings today, after market close. But HSBC downgraded PLTR shares to “neutral” heading...
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