U.S. Dollar Index Dec '23 (DXZ23)
U.S. Dollar Index Futures Market News and Commentary
The dollar index (DXY00) fell by -0.28% on Monday. The dollar settled lower on Monday, consolidating below last Friday’s 2-week high. Comments from US Treasury Secretary Bessent weighed on the dollar Monday when he said the Fed traditionally doesn’t raise interest rates in response to a supply shock, suggesting a possible conflict with Fed Chair Warsh. Monday’s rally in the Chinese yuan to a 3.5-year high also undercut the dollar.
However, losses in the dollar were limited on Monday as WTI crude oil rallied more than +2% to a 1-week high, which raised inflation expectations and could potentially persuade the Fed to raise interest rates, a supportive factor for the dollar. Also, weaker stocks on Monday boosted some liquidity demand for the dollar, and higher T-note yields have strengthened the dollar’s interest rate differentials. Finally, the dollar has some carryover support from last Friday, when Fed Chair Warsh warned inflation isn’t meaningfully slowing and vowed that... Read more
Barchart · 9 minutes ago
Japan is the largest international holder of US Treasury bonds, and Bessent weighed in on Tokyo’s monetary policy during the G20 summit.
Barchart · Mon Aug 31, 2:32PM CDT
The dollar index (DXY00 ) fell by -0.28% on Monday. The dollar settled lower on Monday, consolidating below last Friday’s 2-week high. Comments from...
Barchart · Mon Aug 31, 9:31AM CDT
The dollar index (DXY00 ) is down by -0.16% today. The dollar is modestly lower today, consolidating below last Friday’s 2-week high. Today’s rally...
Barchart · Mon Aug 31, 8:58AM CDT
December Euro currency futures present a selling opportunity on more price weakness.
Barchart · Fri Aug 28, 2:40PM CDT
The dollar index (DXY00 ) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on Friday on hawkish comments from Fed Chair...
Barchart · Fri Aug 28, 11:39AM CDT
Markets reacted immediately after the new Fed chief’s debut speech at Jackson Hole.
Barchart · 7 minutes ago
Japan is the largest international holder of US Treasury bonds, and Bessent weighed in on Tokyo’s monetary policy during the G20 summit.
Barchart · 24 minutes ago
Marvell Technology, the custom system-on-a-chip designer, had lower-than-expected FCF and FCF margins, as in Q1. Nevertheless, revenue is expected to surge...
Barchart · 25 minutes ago
CEO Jensen Huang called MediaTek ‘one of the world's great semiconductor companies.’
Barchart · 1 hour ago
AT&T has lagged behind other telecom services stocks, and analysts remain moderately optimistic about the stock’s outlook.
Barchart · 1 hour ago
Lean hog futures were in rally mode to round out August trade, with gains of 95 cents to $1.85 at midday. Open interest was up 573 contracts. USDA’s...
Barchart · 1 hour ago
Cotton is trading with early Tuesday losses of 131 to 188 points. Futures posted 170 to 180 point gains across most front month contracts. Crude oil was...
Barchart · 1 hour ago
Wheat is starting out September with contracts mixed, but holding withing a few cents of unchanged. Futures are at least 10 to 15 cents off the overnight...
Barchart · 1 hour ago
Live cattle futures saw strength of 45 to 95 cents on Monday, with August expiring up $1.50 at $220.75. Open interest was up 4,168 contracts on Monday....