Brazilian Real Oct '17 (L6V17)
Brazilian Real Futures Market News and Commentary
The dollar index (DXY00) today is up by +0.23%. The dollar is moving higher today and is being supported by a +1% increase in WTI crude oil prices, which lifts inflation expectations and may prompt the Fed to tighten monetary policy, a bullish factor for the dollar. Gains in the dollar accelerated today on stronger-than-expected US economic reports on May ADP employment, May ISM services index, and Apr factory orders, hawkish factors for Fed policy. In addition, escalation of Middle East tensions is boosting some safe-haven demand for the dollar after US forces intercepted Iranian ballistic missiles and drones aimed at neighboring countries and struck an Iranian command center in response.
The US May ADP employment change rose 122,000, slightly stronger than expectations of 120,000 and the biggest increase in 16 months.
The US May ISM services index rose +0.9 to 54.5, stronger than expectations of 53.8.
US Apr factory orders rose +4.8% m/m, stronger than expecta... Read more
Barchart · Wed Jun 3, 9:39AM CDT
The dollar index (DXY00 ) today is up by +0.23%. The dollar is moving higher today and is being supported by a +1% increase in WTI crude oil prices, which...
Barchart · Tue Jun 2, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.02%. The dollar recovered from early losses on Tuesday and moved slightly higher after US Apr JOLTS job...
Barchart · Tue Jun 2, 9:34AM CDT
The dollar index (DXY00 ) today is down by -0.04%. Comments from President Trump have reduced safe-haven demand for the dollar when he said that negotiations...
Barchart · Mon Jun 1, 2:50PM CDT
The dollar index (DXY00 ) on Monday rose by +0.28% on safe-haven demand after Iran said it had halted ceasefire talks with the US, which raised the potential...
Barchart · Mon Jun 1, 9:57AM CDT
The dollar index (DXY00 ) is up +0.42% on safe-haven demand after Iran said it halted ceasefire talks with the US, which could prompt a new large-scale...
Barchart · Mon Jun 1, 9:47AM CDT
September Canada dollar futures present a selling opportunity on more price weakness.
Barchart · 2 minutes ago
SentinelOne stock is selling off after announcing layoffs.
Barchart · 13 minutes ago
Western Digital (WDC) demonstrates exceptional momentum, hitting all-time highs and delivering a 1,000% gain over the past year. WDC maintains a 100% “Buy”...
Barchart · 30 minutes ago
Corn futures are falling 5 to 6 ½ vents across the front months on Wednesday. The CmdtyView national average Cash Corn price was down 6 ¼ cents at $3.98...
Barchart · 30 minutes ago
Live cattle futures started Wednesday with losses, but is slowly pulling off to post midday losses of just 17 to 85 cents. Cash trade started to creep...
Barchart · 30 minutes ago
Cotton futures are trading with 45 to 73 point losses across most contracts on Wednesday. The US dollar index is up $0.296 at $99.480. Crude Oil is another...
Barchart · 30 minutes ago
The wheat complex is falling on Wednesday’s midday, with contracts down across the board. Chicago SRW futures are 15 to 17 cents lower at midday. KC...
Barchart · 30 minutes ago
Lean hog futures are up 25 to 80 cents in the front months on Wednesday. USDA’s national base hog price was reported at $94.37 on Wednesday afternoon,...
Barchart · 30 minutes ago
Soybeans are falling with 6 to 9 cent losses across most contracts on Wednesday. The cmdtyView national average Cash Bean price is down 9 cents at $10.97...
