Euro FX Dec '18 (E6Z18)
Euro FX Futures Market News and Commentary
The dollar index (DXY00) is up by +0.17% today. The weakness in stocks today has boosted some liquidity demand for the dollar. Also, today’s report on the July Chicago Fed national activity index was stronger than expected, supportive of the dollar. Gains in the dollar are limited by today’s report from CNBC that said the Treasury could use the Treasury General Account, which had a balance of $935 billion on August 20, to fund expanded buybacks of higher-yielding, older government securities. Also, today’s decline in WTI crude oil by more than -1% lowers inflation expectations and is dovish for Fed policy.
The US July Chicago Fed national activity index fell -0.14 to -0.08, slightly stronger than expectations of -0.09.
Markets await a press conference later today from US Treasury Secretary Bessent, who will detail plans to isolate Iran’s economy. Mr. Bessent told the Financial Times that "The world should realize that our objective is to sever every economic lifeli... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) is up by +0.17% today. The weakness in stocks today has boosted some liquidity demand for the dollar. Also, today’s report...
Barchart · Mon Aug 24, 7:03AM CDT
What happens when seasonality, inflation, crude oil, and interest rates all begin pointing toward the same trade?The euro is approaching a 75-day seasonal...
Barchart · Mon Aug 24, 5:35AM CDT
With strong moves seen at Sunday night's open, the Grains sector showed this could be another fun week.
Barchart · Fri Aug 21, 2:34PM CDT
The dollar index (DXY00 ) fell by -0.02% on Friday, holding just above Thursday’s 3.25-month low. Strength in stocks on Friday reduced demand for dollar...
Barchart · Fri Aug 21, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.03% today, holding just above Thursday’s 3.25-month low. Strength in stocks today has reduced demand for dollar...
Barchart · Fri Aug 21, 9:26AM CDT
December Euro currency futures present a buying opportunity on more price strength.
Barchart · 13 minutes ago
December arabica coffee (KCZ26 ) is up +14.90 (+4.62%) today, and September ICE robusta coffee (RMU26 ) is up +95 (+2.64%). Coffee prices are sharply higher...
Barchart · 16 minutes ago
CrowdStrike is set to report its fiscal Q2 earnings on August 26. Barchart’s data is largely bullish on CRWD shares heading into the quarterly release....
Barchart · 28 minutes ago
October WTI crude oil (CLV26 ) is down -2.06 (-2.35%) today, and October RBOB gasoline (RBV26 ) is down -0.0820 (-2.69%). Crude oil and gasoline prices...
Barchart · 33 minutes ago
Despite Elevance Health's outperformance relative to the broader market over the past 52 weeks, Wall Street analysts remain cautiously optimistic about...
Barchart · 45 minutes ago
The S&P 500 Index ($SPX ) (SPY ) is down by -0.27% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.26%, and the Nasdaq 100 Index ($IUXX...
Barchart · 1 hour ago
Cattle futures traders were blindsided and spooked by Friday’s news that President Donald Trump said he would allow up to 300,000 MT of ground beef to...
Barchart · 1 hour ago
December U.S. Treasury note futures present a selling opportunity on fresh price weakness.
Barchart · 1 hour ago
McKesson has outperformed the broader market over the past year, and analysts are highly optimistic about the stock’s prospects.