Euro FX Sep '26 (E6U26)
Euro FX Futures Market News and Commentary
The dollar index (DXY00) is down by -0.03% today, holding just above Thursday’s 3.25-month low. Strength in stocks today has reduced demand for dollar liquidity. The dollar is still weighed down by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Today’s US economic news was mixed for the dollar, with the Aug S&P manufacturing PMI falling more than expected, but the Aug S&P services PMI rising more than expected.
The US Aug S&P manufacturing PMI fell -0.7 to 53.2, weaker than expectations of no change at 53.9, but the Aug S&P services PMI unexpectedly rose +2.8 to 56.8, stronger than expectations of a decline to 54.0 and the fastest pace of expansion in 4.5-years.
The markets are discounting a 39% probability of a +25 bp rate hike at the next FOMC meeting on September 15-16.
EUR/USD (^EURUSD) matched Thursday’s 3.25-month high today and is up by +0.01%. Signs of strength in t... Read more
Barchart · Fri Aug 21, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.03% today, holding just above Thursday’s 3.25-month low. Strength in stocks today has reduced demand for dollar...
Barchart · Fri Aug 21, 9:26AM CDT
December Euro currency futures present a buying opportunity on more price strength.
Barchart · Thu Aug 20, 2:36PM CDT
The dollar index (DXY00 ) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected...
Barchart · Thu Aug 20, 9:32AM CDT
The dollar index (DXY00 ) recovered from a 3-month low today and is up +0.05%. Short covering emerged in the dollar today on better-than-expected US economic...
Barchart · Wed Aug 19, 5:52PM CDT
Like a dealer buying his own stash, the Treasury is propping up the market for long-dated bonds – and it won’t end well.
Barchart · Wed Aug 19, 2:50PM CDT
Inside the Treasury Department announcement that temporarily calmed the longer end of the yield curve.
Barchart · 24 minutes ago
Duquesne Family Office just built a fresh stake in Alphabet stock as Google's AI and cloud business posts blowout Q2 growth.
Barchart · 25 minutes ago
Even at its lowest in 12 years, NKE stock has still not hit rock bottom.
Barchart · 36 minutes ago
October NY world sugar #11 (SBV26 ) is up +0.18 (+1.03%) today, and October London ICE white sugar #5 (SWV26 ) is up +4.10 (+0.74%). Sugar prices are moving...
Barchart · 38 minutes ago
Micron stock is up from a recent trough and in a trading range. But short-put MU yields at a strike 9% lower over the next month have a 4.50% 1-month yield....
Barchart · 51 minutes ago
September ICE NY cocoa (CCU26 ) is down -138 (-2.27) today, and September ICE London cocoa #7 (CAU26 ) is down -28 (-0.65%). Cocoa prices are falling today...
Barchart · 1 hour ago
A shakeup of Google's AI team decimated Alphabet's stock, but the negative aspects may have just been blown out of proportion by the market.
Barchart · 1 hour ago
December arabica coffee (KCZ26 ) is down -0.25 (-0.08%) today, and September ICE robusta coffee (RMU26 ) is down -86 (-2.32%). Coffee prices are falling...
Barchart · 1 hour ago
Zoom is scheduled to report its fiscal Q2 earnings on Aug. 25. Options traders and Wall Street analysts are bullish on ZM shares heading into the quarterly...