Gold Micro Dec '26 (GRZ26)
Gold Micro Futures Market News and Commentary
The dollar index (DXY00) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 32% from 35% on Thursday. The dollar's decline was curbed by the 10-year T-note yield rising +5 bp despite the weak US economic reports, driven by inflation concerns.
The dollar was also undercut by reduced safe-haven demand as President Trump appears to have given up on plans for any new major military attack on Iran for the time being, favoring economic pressure instead. Treasury Secretary Bessent said on Friday that the administration will soon announce unprecedented economic measures against Iran that "have never been seen in the history of economic isolation of a country." Yet, the military conflict continues as there were reports that Iran attacked two Abu Dhabi oil vessels in the Strait of Hormuz on Thursday night.
Friday's July US retail sales fell -0.6% m/m, much weaker than market expectations of +0.1%. Ex-auto... Read more
ONE44 Analytics · 1 hour ago
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Barchart · Fri Aug 14, 2:56PM CDT
The dollar index (DXY00 ) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to...
Barchart · Fri Aug 14, 9:49AM CDT
The dollar index (DXY00 ) is down -0.41% as the weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 29%...
EdgeClear · Fri Aug 14, 7:40AM CDT
Gold futures have staged a strong recovery after breaking down toward the 4000 area in late June, reclaiming the 4385 support zone as the Strait of Hormuz...
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Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 723)
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The dollar index (DXY00 ) on Thursday ended the day little changed despite downward pressure from the dovish US PPI report, which lowered the odds of a...
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