Euro FX Sep '12 (E6U12)
Euro FX Futures Market News and Commentary
The dollar index (DXY00) is up by +0.17% today. The dollar is moving higher today on some favorable US economic news. Weekly jobless claims rose less than expected, Q2 nonfarm productivity rose more than expected, and Q2 unit labor costs rose less than expected. The dollar also has support from today’s +1% increase in WTI crude oil prices, which raises inflation expectations and is hawkish for Fed policy.
The dollar also has support from a Financial Times report today that said Fed Chair Warsh is willing to raise interest rates at the September FOMC meeting if inflation firms and market expectations shift further towards tightening in the coming months.
US weekly initial unemployment claims rose +1,000 to 199,000, showing a stronger labor market than expectations of 205,000.
US Q2 nonfarm productivity rose +1.4%, stronger than expectations of +0.6%. Q2 unit labor costs rose +1.3%, less than expectations of +2.1%.
The markets are discounting a 58% probabi... Read more
Barchart · Thu Aug 6, 9:42AM CDT
The dollar index (DXY00 ) is up by +0.17% today. The dollar is moving higher today on some favorable US economic news. Weekly jobless claims rose less...
Barchart · Wed Aug 5, 2:35PM CDT
The dollar index (DXY00 ) fell by -0.17% on Wednesday. The dollar fell on Wednesday after the S&P 500 climbed to a new record high, reducing demand for...
Barchart · Wed Aug 5, 9:35AM CDT
The dollar index (DXY00 ) is down by -0.20% today. The dollar is falling today as stock strength has reduced demand for liquidity in the dollar. Also,...
Barchart · Wed Aug 5, 9:16AM CDT
Here's why there may be a buying opportunity for December Euro currency futures on price strength.
Barchart · Tue Aug 4, 2:33PM CDT
The dollar index (DXY00 ) fell by -0.03% on Tuesday. The dollar was under pressure Tuesday as hopes for a deal to reopen the Strait of Hormuz have boosted...
Barchart · Tue Aug 4, 9:36AM CDT
The dollar index (DXY00 ) is down by -0.06% today. The dollar is under pressure today as hopes for a deal to reopen the Strait of Hormuz have boosted...
Barchart · 10 minutes ago
Corn futures are showing firm trade so far on Thursday, with most contracts holding within a penny of unchanged. The CmdtyView national average Cash Corn...
Barchart · 10 minutes ago
Live cattle futures are reverting lower on Thursday, as contracts are down $1.90 to $3.77 at midday. Cash trade has started to pick up at $235 live and...
Barchart · 10 minutes ago
Lean hog futures are trading with contracts down 75 cents to $1.27 at midday. USDA’s national base hog price was not reported on Thursday morning due...
Barchart · 10 minutes ago
The wheat complex is lower across the three markets so far on Thursday. Chicago SRW contracts are down 13 to 14 cents in the front months KC HRW futures...
Barchart · 10 minutes ago
Cotton futures are holding near unchanged on Thursday, with contracts down 5 to 5 points higher in the nearby months. Crude oil is back up $2.81 per barrel,...
Barchart · 10 minutes ago
Soybeans are trading with most contracts fractionally to a penny lower on Thursday. The cmdtyView national average Cash Bean price is down 1/2 cent at...
Barchart · 18 minutes ago
Elon Musk says SpaceX’s rocket engineering gives it a major edge in AI data centers, arguing the company solves far harder problems every launch than...
Barchart · 21 minutes ago
Lindblad Expeditions (LIND) demonstrates exceptional momentum, gaining 160% over the past year. Shares recently hit a new all-time high. LIND holds a 100%...