Euro FX Jan '24 (E6F24)
Euro FX Futures Market News and Commentary
The dollar index (DXY00) fell by -0.26% on Tuesday and posted a 6-week low.  The dollar came under pressure on Tuesday amid easing geopolitical concerns that knocked bond yields lower and sparked a rally in stocks. The US and Iran are in discussions on holding additional negotiations to extend a two-week ceasefire that expires on April 22. The New York Post reported that President Trump said talks could resume "over the next two days" in Pakistan. The dollar extended its losses on Tuesday after US March producers rose less than expected.
US Mar PPI final demand rose +0.5% m/m and +4.0% y/y, weaker than expectations of +1.1% m/m and +4.6% y/y. Mar PPI ex-food and energy rose +0.1% m/m and +3.8% y/y, weaker than expectations of +0.4% m/m and +4.1% y/y.
Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.
The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns...
Barchart · Tue Apr 14, 9:34AM CDT
The dollar index (DXY00 ) today fell to a 6-week low and is down by -0.33%. The dollar is under pressure today amid easing geopolitical concerns after...
Barchart · Mon Apr 13, 3:02PM CDT
June Euro currency futures present a buying opportunity on more price strength.
Barchart · Mon Apr 13, 2:39PM CDT
The dollar index (DXY00 ) on Monday fell by -0.24%. The dollar gave up an early advance on Monday and fell to a 1.25-month low after stocks recovered...
Barchart · Mon Apr 13, 9:35AM CDT
The dollar index (DXY00 ) today is up by +0.15%. The dollar is climbing today on increased safe-haven demand after the US-Iran peace talks broke down...
EdgeClear · Mon Apr 13, 7:53AM CDT
Cable has spent the better part of a year locked within a well-defined consolidation range, grinding between 1.32 area daily support and 1.38 daily resistance...
Barchart · 11 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index...
Barchart · 44 minutes ago
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The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns...
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Barchart · 1 hour ago
May WTI crude oil (CLK26 ) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26 ) closed down -0.0765 (-2.46%). Crude oil and gasoline...
Barchart · 1 hour ago
May Nymex natural gas (NGK26 ) on Tuesday closed down -0.028 (-1.07%). Nat-gas prices continued their 5-week selloff on Tuesday, dropping to a 17-month...
