Gold Micro Dec '24 (GRZ24)
Gold Micro Futures Market News and Commentary
The dollar index (DXY00) on Friday fell by -0.24%. The dollar gave up an early advance and turned lower on Friday as stocks rallied on optimism that peace talks between the US and Iran are set to resume.  Bloomberg reported that Iranian Foreign Minister Abbas Araghchi is expected to arrive in Pakistan on Friday night for a possible second round of peace talks between the US and Iran.  Falling crude oil prices on Friday lowered inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar. In addition, strength in stocks on Friday reduced liquidity demand for the dollar. The dollar recovered from its worst level after the University of Michigan’s US Apr consumer sentiment index was revised higher than expected.
Heightened US-Iran tensions are boosting safe-haven demand for the dollar. 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. ... Read more
Barchart · Fri Apr 24, 2:33PM CDT
The dollar index (DXY00 ) on Friday fell by -0.24%. The dollar gave up an early advance and turned lower on Friday as stocks rallied on optimism that...
Gold Price Forecast · Fri Apr 24, 11:41AM CDT
Absurd? Perhaps. But it's still taking place.
Barchart · Fri Apr 24, 9:32AM CDT
The dollar index (DXY00 ) today is down by -0.16%. The dollar gave up an early advance and turned lower today as stocks rallied on optimism that peace...
Barchart · Thu Apr 23, 2:37PM CDT
The dollar index (DXY00 ) climbed to a 1.5-week high on Thursday and finished up by +0.22%. The dollar remains supported amid persistent tensions in the...
Barchart · Thu Apr 23, 9:33AM CDT
The dollar index (DXY00 ) today climbed to a 1.5-week high and is up by +0.04%. The dollar remains supported amid persistent tensions in the Middle East,...
Barchart · Wed Apr 22, 2:36PM CDT
The dollar index (DXY00 ) on Wednesday rose to a 1-week high and finished up by +0.20%. The dollar found support on Wednesday as the escalation of the...
Barchart · 13 minutes ago
General Mills is expected to announce its fourth-quarter earnings soon, and Wall Street expects the company’s EPS to increase by double digits.
Barchart · 21 minutes ago
Adobe is prepared to deliver its second-quarter results soon, with analysts predicting a double-digit earnings growth.
Barchart · 28 minutes ago
Live cattle futures were $1.22 to $1.77 higher at the Friday close, to limit the weekly loss for April to $1.65. Cash trade last week was centered around...
Barchart · 28 minutes ago
Wheat is starting off the week with modestly mixed trade, withing 2 cents of unchanged. The wheat complex was lower across the winter wheat contracts on...
Barchart · 28 minutes ago
Lean hog futures were down 45 cents to $1.55 in most front months on Friday, with June up 85 cents last week. Open interest was up just 998 contracts on...
Barchart · 28 minutes ago
Corn price action is up 3 to 4 cents early on Monday morning. Futures posted mixed trade, with contracts down ½ cent to 2 cents higher. Mar was up 6 ¼...
Barchart · 28 minutes ago
Cotton prices are up 97 to 105 points across most contracts on Monday. Futures were down 1 to 12 points across most front months on Friday, with May the...
Barchart · 28 minutes ago
Soybeans are trading with 1 to 3 cent gains so far on Monday morning. Futures closed Friday with contracts steady to 4 cents higher, as May settled the...
