Japanese Yen Jun '24 (J6M24)
Japanese Yen Futures Market News and Commentary
The dollar index (DXY00) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions in the Middle East boosted stocks and reduced safe-haven demand for the dollar. Also, Monday's -5% fall in WTI crude oil prices lowered inflation expectations and could prompt the Fed to loosen monetary policy, a negative factor for the dollar.
The dollar recovered nearly all of its losses on Monday on signs of US economic strength after the July ISM manufacturing index rose more than expected to a 4-year high.
Dovish comments on Monday from New York Fed President John Williams were negative for the dollar, as he said interest rates remain well positioned and inflation should ease during the second half of the year.
The US July ISM manufacturing index rose +2.3 to 55.6, stronger than expectations of 53.9 and the fastest pace of expansion in four years.
US June construction spending unexpectedly fell -0.1% m/... Read more
Barchart · Mon Aug 3, 2:38PM CDT
The dollar index (DXY00 ) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions...
Barchart · Mon Aug 3, 9:33AM CDT
The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing...
Barchart · Mon Aug 3, 9:30AM CDT
Behind the joint yen rescue operation, from FIMA to euros, and what it means for the Treasury market, the carry trade, and more.
Barchart · Mon Aug 3, 9:22AM CDT
December Australian dollar futures present a buying opportunity on more price strength.
Barchart · Mon Aug 3, 7:16AM CDT
It was another Monday morning of more of the same, with a little spice added in, just to change things up a bit.
Wavetraders · Mon Aug 3, 5:04AM CDT
USDJPY has reversed aggressively from the 164 area, breaking key technical supports and signaling that a larger trend change may be underway. While a short-term...
Barchart · 3 minutes ago
Reddit generated a strong Q2 FCF margin (32.4%) and a trailing 12-month (TTM) margin of 36.7%. So why did RDDT stock tumble 20% on Friday? On Monday, RDDT...
Barchart · 18 minutes ago
Mercury Systems partners with Palantir to speed up defense production and modernize supply chains.
Barchart · 20 minutes ago
Colgate-Palmolive has lagged behind the broader market over the past year, and analysts remain slightly bullish about the stock’s prospects.
Barchart · 34 minutes ago
Despite Mosaic's weak performance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook about...
Barchart · 50 minutes ago
Corn price action is down 1 to 2 cents so far on Tuesday AM trade. Futures were busy shrugging off the overnight losses, with contracts closing 6 to 8...
Barchart · 50 minutes ago
Wheat is showing 5 to 7 cent losses across the three markets on Tuesday morning. The wheat complex was higher at the final bell on Monday. Chicago SRW...
Barchart · 50 minutes ago
Live cattle futures were 7 to 72 cents lower across most contracts on Monday, fading early gains. Open interest was down 998 contracts. Cash trade was...
Barchart · 50 minutes ago
Lean hog futures saw mixed action on Monday with nearby contracts down $1.32 to $1.12 higher in the deferreds. New short interest was noted, with open...