Euro FX Dec '27 (E6Z27)
Euro FX Futures Market News and Commentary
The dollar index (DXY00) dropped to a 7-week low on Friday and finished down -0.41%. The dollar tumbled on Friday after the US July payroll report showed an unexpected decline in nonfarm payrolls and a smaller-than-expected increase in average hourly earnings, dovish factors for Fed policy. Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The payroll report cut the chances of a Fed rate hike at next month’s FOMC meeting to 44% from 58% before the report.
US July nonfarm payrolls unexpectedly fell by -23,000, weaker than expectations of +80,000 and the first decline in 5 months. June payrolls were revised downward to show a +20,000 increase from the previously reported +57,000. The July unemployment rate unexpectedly fell -0.1 to a 13-month low of 4.1%, showing a stronger labor market than expectations of no change at 4.2%.
US July average hourly earnings rose +0.1% m/m and +3.2% y/y, weaker than expectations of +0.3% m/m and +3.5% y/y.
US... Read more
Barchart · Fri Aug 7, 2:34PM CDT
The dollar index (DXY00 ) dropped to a 7-week low on Friday and finished down -0.41%. The dollar tumbled on Friday after the US July payroll report showed...
Barchart · Fri Aug 7, 9:31AM CDT
The dollar index (DXY00 ) dropped to a 7-week low today and is down by -0.34%. The dollar tumbled today on the US July payroll report that showed an unexpected...
Wavetraders · Fri Aug 7, 2:14AM CDT
NASDAQ100 has resumed its bullish trend after completing an ABC correction, while AUDJPY is also pointing higher. As long as JPY crosses remain strong,...
Barchart · Thu Aug 6, 2:32PM CDT
The dollar index (DXY00 ) rose by +0.26% on Thursday. The dollar rallied on Thursday amid favorable US economic news. Weekly jobless claims rose less...
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 · 13 minutes ago
Jensen Huang addressed the ongoing conflict between Anthropic and the Pentagon, saying he isn't elected and has no right to stand in the way of elected...
Barchart · 43 minutes ago
Paying for Dexter Shoe with Berkshire Hathaway stock, wrote Buffett, was a ‘financial disaster’ for his company and its shareholders.
Barchart · 1 hour ago
Paul Tudor Jones didn't become a Wall Street legend by making bold, exciting trades. He became a legend by prioritizing capital over profit.
Barchart · Sat Aug 8, 10:30AM CDT
Palantir's blockbuster Q2 results has Wall Street divided with valuation fears and growth bulls tussling.
Barchart · Sat Aug 8, 10:15AM CDT
SanDisk delivered record earnings, but investors remain focused on whether the memory boom can last.
Barchart · Sat Aug 8, 10:15AM CDT
AMD beat top and bottom lines, raised guidance, and still got punished. Does the pullback create an attractive entry point for investors?
Barchart · Sat Aug 8, 10:00AM CDT
WQTM’s recent bounce reflects an attractive entry point following a deep price wash-out.
Barchart · Sat Aug 8, 9:45AM CDT
Analog Devices is heading into earnings on AI momentum, with investors watching whether results justify lofty expectations.