U.S. Dollar Index Dec '24 (DXZ24)
U.S. Dollar Index Futures Market News and Commentary
The dollar index (DXY00) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high, which raises inflation expectations and may persuade the Fed to tighten monetary policy, a supportive factor for the dollar. Also, weakness in stocks on Tuesday boosted some liquidity demand for the dollar. In addition, hawkish comments from Chicago Fed President Goolsbee gave the dollar a lift when he said inflation is the biggest problem the economy faces.
Gains in the dollar were limited on Tuesday after Pakistan signaled the US and Iran were close to an arrangement that could reopen the Strait of Hormuz.
US July existing home sales fell -1.7% m/m to 4.06 million, close to expectations of 4.05 million.
The risk of a renewed flare-up across the Middle East remains high, which is providing safe-haven demand for the dollar. Another UAE tanker was targeted by an Iranian missile on Saturday while transiting the... Read more
Barchart · Tue Aug 11, 2:33PM CDT
The dollar index (DXY00 ) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high,...
Barchart · Tue Aug 11, 9:54AM CDT
The bulls have the near-term technical advantage when it comes to December Australian dollar futures. What else to know.
Barchart · Tue Aug 11, 9:33AM CDT
The dollar index (DXY00 ) is up by +0.05% today. The dollar found support today after WTI crude oil prices rose more than +2% to a 1-week high, which...
Barchart · Mon Aug 10, 2:36PM CDT
The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar pushed higher on Monday amid higher T-note yields, which strengthened the dollar’s interest...
Barchart · Mon Aug 10, 9:32AM CDT
The dollar index (DXY00 ) is up by +0.22% today. The dollar is climbing today amid higher T-note yields, which are strengthening the dollar’s interest...
Barchart · Fri Aug 7, 2:34PM CDT
The dollar index (DXY00 ) dropped to a 7-week low on Friday and finished down -0.41%. The dollar tumbled on Friday after the US July payroll report showed...
Barchart · 2 minutes ago
Cencora has underperformed the broader market over the past year, yet analysts remain highly bullish about the stock’s prospects.
Barchart · 15 minutes ago
While Costco Wholesale has lagged behind the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s...
Barchart · 16 minutes ago
The S&P 500 Index ($SPX ) (SPY ) is up +0.45%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ )...
Barchart · 17 minutes ago
APP stock dropped almost 6% after a downgrade raised doubts about its 30% growth goal. Here's what the company said on its earnings call.
Barchart · 40 minutes ago
ONEOK has outperformed the broader market over the past year, and analysts remain moderately bullish about the stock’s prospects.
Barchart · 40 minutes ago
PLTR stock jumped after a blowout quarter, but Jefferies kept its "Underperform" rating, warning the valuation leaves no room for error.
Barchart · 1 hour ago
While the market is likely eyeballing Marvell’s upcoming Q2 earnings report, a quantitative structure may lead to a near-term bullish opportunity.
Barchart · 1 hour ago
Though Edwards Lifesciences has underperformed the broader market over the past year, Wall Street analysts maintain a strongly optimistic outlook on the...