Euro FX Dec '22 (E6Z22)
Euro FX Futures Market News and Commentary
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 liquidity. The dollar is still weighed down by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Friday’s US economic news was mixed for the dollar, with the Aug S&P manufacturing PMI falling more than expected, but the Aug S&P services PMI rising more than expected.
The US Aug S&P manufacturing PMI fell -0.7 to 53.2, weaker than expectations of no change at 53.9, but the Aug S&P services PMI unexpectedly rose +2.8 to 56.8, stronger than expectations of a decline to 54.0 and the fastest pace of expansion in 4.5-years.
The markets are discounting a 40% probability of a +25 bp rate hike at the next FOMC meeting on September 15-16.
EUR/USD (^EURUSD) matched Thursday’s 3.25-month high on Friday and finished up by +0.02%. Signs of s... Read more
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 · Thu Aug 20, 2:36PM CDT
The dollar index (DXY00 ) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected...
Barchart · Thu Aug 20, 9:32AM CDT
The dollar index (DXY00 ) recovered from a 3-month low today and is up +0.05%. Short covering emerged in the dollar today on better-than-expected US economic...
Barchart · Wed Aug 19, 5:52PM CDT
Like a dealer buying his own stash, the Treasury is propping up the market for long-dated bonds – and it won’t end well.
Barchart · 26 minutes ago
David Einhorn’s DME Capital bought 1.42 million PayPal shares worth $61.5 million as earnings, cash flow, and the company’s outlook improve.
Barchart · 1 hour ago
Dan Loeb's Third Point exits Broadcom ahead of second-quarter results as the stock has surged in 2026.
Barchart · Sat Aug 22, 1:30PM CDT
ORCL stock also has an attractive valuation and plenty of Wall Street support.
Barchart · Sat Aug 22, 12:41PM CDT
Nvidia heads into its Aug. 26 earnings report with a new $345 price target and Vera Rubin seen as a potential driver of its next growth cycle.
Barchart · Sat Aug 22, 12:30PM CDT
Third Point exited its position in Nvidia during Q2, but this was to shift funds around and should not be seen as a red flag for NVDA stock.
Barchart · Sat Aug 22, 10:30AM CDT
McDonald’s energy-drink push could give MCD stock a fresh catalyst after a roughly 11% 2026 decline.
Barchart · Sat Aug 22, 10:00AM CDT
SK hynix is doubling down on shareholder value as AI-fueled memory demand strengthens its outlook and market positioning.
Barchart · Sat Aug 22, 9:30AM CDT
Most tech stocks and AI-related themes are caught in the same web. That insight could save a lot of financial headaches as the stock market bull run gradually...