Euro FX Apr '20 (E6J20)
Euro FX Futures Market News and Commentary
The dollar index (DXY00) is down by -0.24% today and just above Wednesday's 4-week low.  Weaker-than-expected US economic news today is weighing on the dollar. Q4 GDP was unexpectedly revised lower, Feb personal income and spending rose less than expected, and weekly jobless claims rose more than expected to an 8-week high.Â
Losses in the dollar are limited as doubts about the sustainability of the US-Iran ceasefire weigh on stocks and boost liquidity demand for the dollar. Also, today's +4% jump in WTI crude oil prices raises inflation expectations, hawkish for Fed policy, and supportive of the dollar.
US weekly initial unemployment claims rose by +16,000 to an 8-week high of 219,000, showing a weaker labor market than expectations of 210,000.
US Feb personal spending rose +0.5% m/m, weaker than expectations of +0.6% m/m. Feb personal income unexpectedly fell -0.1% m/m, weaker than expectations of +0.3% m/m and the first decline in nine months.
The US Feb... Read more
Barchart 1 hour ago
The dollar index (DXY00 ) is down by -0.24% today and just above Wednesday's 4-week low. Weaker-than-expected US economic news today is weighing on the...
Wavetraders Thu Apr 9, 3:08AM CDT
EUR/JPY remains in a strong uptrend, with the potential for further upside despite short-term consolidation.
Barchart Wed Apr 8, 2:34PM CDT
The dollar index (DXY00 ) on Wednesday fell by -0.71% and posted a 4-week low. The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire,...
Barchart Wed Apr 8, 9:37AM CDT
The dollar index (DXY00 ) is sharply lower today by 1.13% at a 4-week low. The dollar is plummeting today after the US and Iran agreed to a ceasefire,...
Wavetraders Wed Apr 8, 5:10AM CDT
Looking at the daily chart, there is still room for further upside, as the market may have already completed a higher degree five wave decline from the...
Barchart Tue Apr 7, 2:32PM CDT
The dollar index (DXY00 ) on Tuesday fell by -0.11%. The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a...
Barchart 15 minutes ago
Analysts remain bullish, citing Apple’s AI push, strong margins, and loyal user base as long-term growth drivers.
Barchart 18 minutes ago
May arabica coffee (KCK26 ) today is down -1.90 (-0.65%), and May ICE robusta coffee (RMK26 ) is down -23 (-0.69%). Coffee prices are under pressure today...
Barchart 21 minutes ago
A ceasefire announcement sparked a rebound in tech stocks, and Wedbush sees momentum returning to the ‘Magnificent Seven.’ So, NVIDIA stock could be...
Barchart 23 minutes ago
The recent ceasefire offers a deceptive sense of security, as the long-term degradation of regional gas infrastructure remains a critical catalyst for...
Barchart 27 minutes ago
May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving...
Barchart 34 minutes ago
After posting disappointing deliveries data lagging behind analysts, Tesla is lining up to release its first-quarter results later this month.
Barchart 37 minutes ago
Despite the scale of the $21 billion deal, CoreWeave continues to face significant capital expenditure requirements to build and maintain the infrastructure...
Barchart 43 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is down -0.14%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.28%, and the Nasdaq 100 Index ($IUXX...
