Gold Micro Jun '26 (GRM26)
Gold Micro Futures Market News and Commentary
The dollar index (DXY00) today is down by -0.03%. The dollar gave up an early advance today and turned lower after a rally in stocks reduced liquidity demand for the dollar, following President Trump's announcement that he will indefinitely extend the ceasefire with Iran. Also, lower T-note yields today have weakened the dollar's interest rate differentials.
Losses in the dollar are limited as concerns about escalation of the US-Iran war are boosting safe-haven demand for the dollar. Iran seized two ships today in the Strait of Hormuz for "endangering maritime security," and the UK Navy said Islamic Revolutionary Guard Corps gunboats fired upon two other cargo ships.
Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.
The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to r... Read more
Barchart · 33 minutes ago
The dollar index (DXY00 ) today is down by -0.03%. The dollar gave up an early advance today and turned lower after a rally in stocks reduced liquidity...
Gold Price Forecast · 1 hour ago
Technicals and fundamentals align - and it doesn't look good for the precious metals in the medium term.
Barchart · Tue Apr 21, 2:39PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.29% and posted a 1-week high. The dollar moved higher on Tuesday on the stronger-than-expected US Mar...
Barchart · Tue Apr 21, 9:35AM CDT
The dollar index (DXY00 ) today is up by +0.09%. The dollar is climbing today on a stronger-than-expected US Mar retail sales and Mar pending home sales...
Wavetraders · Tue Apr 21, 1:39AM CDT
Fourth waves are typically corrective and often retrace back into previous support zones, which is why they can offer good trading opportunities within...
Barchart · Mon Apr 20, 2:38PM CDT
The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar gave up an early advance on Monday and turned lower after the New York Post reported that...
Barchart · 1 minute ago
This options trading strategy lets you profit no matter where oil prices head next.
Barchart · 3 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.84%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · 10 minutes ago
Broadridge Financial is set to announce its first-quarter earnings next month, and Wall Street expects the company’s EPS to grow by a single digit.
Barchart · 12 minutes ago
AMAT stock is riding the AI chip boom, and the Terafab project could mean upside if it actually turns into orders.
Barchart · 15 minutes ago
Morgan Stanley believes Apple’s April 30 earnings may potentially pave the way for a run toward $300.
Barchart · 18 minutes ago
Qualcomm's Q2 could determine if its AI and automotive bets can offset smartphone weakness.
Barchart · 33 minutes ago
Fox Corporation is expected to report its third-quarter results soon, and analysts expect a single-digit earnings drop.
Barchart · 37 minutes ago
The dollar index (DXY00 ) today is down by -0.03%. The dollar gave up an early advance today and turned lower after a rally in stocks reduced liquidity...
