Gold Micro Apr '25 (GRJ25)
Gold Micro Futures Market News and Commentary
The dollar index (DXY00) on Wednesday rose by +0.27%.  Wednesday’s better-than-expected US economic news on Mar housing starts and Mar core capital goods new orders supported gains in the dollar.  Also, Wednesday’s +6% jump in crude oil prices increases inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar.Â
The dollar raced to its highs on Wednesday afternoon after three FOMC members dissented in favor of no easing bias in the FOMC ‘s decision to keep policy unchanged. Also, hawkish comments from Fed Chair Powell support the dollar, as he said a bit of monetary policy restraint is the right place to be.
Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire. The Wall Street Journal reported that President Trump told his aides to prepare for an e... Read more
Barchart · Wed Apr 29, 2:37PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.27%. Wednesday’s better-than-expected US economic news on Mar housing starts and Mar core capital...
Barchart · Wed Apr 29, 9:33AM CDT
The dollar index (DXY00 ) today is up by +0.24%. Today's better-than-expected US economic news on Mar housing starts and Mar core capital goods new orders...
Barchart · Tue Apr 28, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.15%. Tuesday's stock slump boosted liquidity demand for the dollar. Also, higher crude oil prices on Tuesday...
Gold Price Forecast · Tue Apr 28, 10:42AM CDT
And that's just the beginning.
Barchart · Tue Apr 28, 9:36AM CDT
The dollar index (DXY00 ) today is up by +0.23%. Today's stock slump is boosting liquidity demand for the dollar. Also, higher crude oil prices today...
Barchart · Mon Apr 27, 2:32PM CDT
The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar fell from a 2.5-week high on Monday and finished lower after Axios reported that Iran has...
Barchart · 1 minute ago
Huntington Bancshares has underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.
Barchart · 7 minutes ago
APA Corporation has considerably outperformed the broader market over the past year, but analysts are cautious about the stock’s prospects.
Barchart · 16 minutes ago
Although Truist Financial has outperformed the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the...
Barchart · 21 minutes ago
United Airlines has outperformed the broader market over the past year, and analysts remain highly optimistic about the stock’s prospects.
Barchart · 27 minutes ago
Corn is starting out the last trade day of April with 1 to 3 cent losses. Futures held on to gains on Wednesday, despite pulling off early highs. Most...
Barchart · 27 minutes ago
Live cattle futures closed mixed on Wednesday, with front months rallying with cash. April, which expires on Thursday was up $4.20, with other contracts...
Barchart · 27 minutes ago
Cotton price action is up 166 to 246 points early on Thursday. Futures saw bulls take some money off the table a day ahead of month end, with contracts...
Barchart · 27 minutes ago
Soybeans are showing 3 to 5 cent losses on Thursday morning, pulling back from overnight strength, which saw November hit a new high for the move at $11.78....
