Gold Cash (GCY00)
Gold Futures Market News and Commentary
The dollar index (DXY00) fell from a 6-week high today and is down by -0.09%. The dollar gave up an early advance today and moved lower after crude oil prices fell by more than -2%, which lowered inflation expectations and could prompt the Fed to ease monetary policy, a negative for the dollar.  Also, today's stock rally has reduced liquidity demand for the dollar.  The dollar initially moved higher today on an increase in safe-haven demand after President Trump threatened to resume strikes on Iran in the coming days as part of the push for a deal to end the war.Â
Swaps markets are discounting the odds at 7% for a 25 bp rate cut at the next FOMC meeting on June 16-17.
EUR/USD (^EURUSD) recovered from a 6-week low today and is up +0.12%. Short covering emerged in the euro today after the dollar gave up an early advance and turned lower. The euro also rose today after crude oil prices fell more than -2%, which is bullish for the Eurozone economy and the euro, as Europe... Read more
Barchart · Wed May 20, 9:36AM CDT
The dollar index (DXY00 ) fell from a 6-week high today and is down by -0.09%. The dollar gave up an early advance today and moved lower after crude oil...
Blue Line Futures · Wed May 20, 6:27AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 663)
Barchart · Wed May 20, 5:32AM CDT
A look at markets and news headlines early Wednesday morning shows sometimes puzzle pieces don't necessarily fit the way we expect.
Barchart · Tue May 19, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rallied to a 6-week high, finishing up by 0.14%. The dollar moved higher on Tuesday as higher T-note yields are strengthening...
Barchart · Tue May 19, 9:42AM CDT
The dollar index (DXY00 ) today is up by +0.17%. The dollar is moving higher today as higher T-note yields are strengthening the dollar's interest rate...
Barchart · Tue May 19, 7:04AM CDT
History has taught us we should have been expecting the US president to back down his latest threat against Iran. Was Watson got off guard overnight through...
Barchart · 5 minutes ago
InMed stock rallied yesterday on a merger announcement with Mentari Therapeutics. Here’s why the transaction is concerning for INM investors.
Barchart · 17 minutes ago
Shares of Akamai Technologies were down 5% following its $2.6 billion convertible note proposal.
Barchart · 38 minutes ago
July NY world sugar #11 (SBN26 ) today is down -0.25 (-1.67%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.10 (+0.02%). Sugar prices gave up an...
Barchart · 38 minutes ago
Despite Steel Dynamics' strong performance relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook...
Barchart · 40 minutes ago
Micron’s AI-fueled growth story may still be in the early stage despite the stock’s massive surge.
Barchart · 57 minutes ago
July ICE NY cocoa (CCN26 ) today is down -35 (-0.90%), and July ICE London cocoa #7 (CAN26 ) is down -48 (-1.62%). Cocoa prices are moving lower today,...
Barchart · 1 hour ago
Nokia is no longer just a telecom company. It’s becoming an AI networking story.
Barchart · 1 hour ago
Higher oil prices and the K-shaped economy are negative catalysts for WMT stock.
