Euro FX Dec '17 (E6Z17)
Euro FX Futures Market News and Commentary
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 stocks and knocked crude oil prices sharply lower. The slide in crude oil prices lowers inflation expectations and could prompt the Fed to loosen monetary policy, a negative factor for the dollar. Tuesday's weaker-than-expected US economic reports on June JOLTS job openings and June factory orders also weighed on the dollar.
The US June trade deficit was -$73.3 billion, slightly larger than expectations of -$73.0 billion.
US June factory orders unexpectedly fell -0.3% m/m, weaker than expectations of +0.2% m/m. Also, June factory orders ex-transportation unexpectedly fell -0.4% m/m versus expectations of +0.4% m/m and the biggest decline in 14 months.
US June JOLTS job openings fell -178,000 to 7.359 million, showing a weaker labor market than expectations of 7.454 million.
The markets are discounting... Read more
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 · Mon Aug 3, 2:38PM CDT
The dollar index (DXY00 ) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions...
Barchart · Mon Aug 3, 9:33AM CDT
The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing...
Barchart · Mon Aug 3, 9:30AM CDT
Behind the joint yen rescue operation, from FIMA to euros, and what it means for the Treasury market, the carry trade, and more.
Barchart · Mon Aug 3, 9:22AM CDT
December Australian dollar futures present a buying opportunity on more price strength.
Barchart · 37 minutes ago
Despite benefiting from the same AI server boom, Dell and Super Micro have seen dramatically different reactions from investors.
Barchart · 57 minutes ago
Flex Ltd. has outperformed the broader market over the past year, and analysts remain highly bullish about the stock’s prospects.
Barchart · 1 hour ago
Netflix (NFLX) stock has been pretty flat in the last few months and investors that think that trend could continue, might consider a Calendar Spread.
Barchart · 1 hour ago
September S&P 500 E-Mini futures (ESU26) are up +0.37% this morning, signaling a new record high for the benchmark index as hopes for a U.S.-Iran deal...
Barchart · Wed Aug 5, 4:04AM CDT
While Intercontinental Exchange has significantly underperformed the broader market over the past year, analysts remain optimistic about its growth prospects....
Barchart · Wed Aug 5, 3:59AM CDT
Despite Moderna's stellar outperformance over the past year, Wall Street analysts remain cautious about the stock's longer-term prospects.
Barchart · Wed Aug 5, 3:56AM CDT
Following a standout year of market-beating returns, Corning continues to earn a moderately bullish endorsement from Wall Street analysts.
Barchart · Wed Aug 5, 3:53AM CDT
Oracle's disappointing stock performance over the past year has done little to dampen Wall Street's optimism, with analysts remaining firmly bullish on...