Euro FX Aug '26 (E6Q26)
Euro FX Futures Market News and Commentary
The dollar index (DXY00) is up by +0.06% today.  The dollar is slightly higher today as the escalation of hostilities between the US and Iran is boosting crude oil prices, which raises inflation expectations that could prompt the Fed to tighten monetary policy, a supportive factor for the dollar. Higher T-note yields today have also strengthened the dollar’s interest rate differentials. Today’s rally in stocks has curbed liquidity demand for the dollar, limiting gains in the currency.
The US and Iran exchanged strikes for a 10th consecutive day as mediators sought to revive a truce, with the US targeting military command centers, launch sites and air defenses in Iran and Iran attacking US military sites in Kuwait and Jordan. The UK navy also reported today that Iran struck two vessels around the Strait of Hormuz.
The swaps markets are discounting the odds at 18% for a +25 bp rate hike at the next FOMC meeting on July 28-29.
EUR/USD (^EURUSD) is down by -0.01% to... Read more
Barchart · 14 minutes ago
The dollar index (DXY00 ) is up by +0.06% today. The dollar is slightly higher today as the escalation of hostilities between the US and Iran is boosting...
Barchart · 30 minutes ago
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Barchart · Mon Jul 20, 2:36PM CDT
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Barchart · 13 minutes ago
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Barchart · 13 minutes ago
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