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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 openings unexpectedly rose to a 23-month high, a hawkish factor for Fed policy. Also, hawkish comments from Cleveland Fed President Beth Hammack boosted the dollar when she said the Fed’s benchmark rate “may not be restrictive,” and “if recent data trends continue, it may soon be appropriate for policy to act to address the growing risk of persistently elevated inflation.” In addition, Tuesday’s +1% jump in crude oil prices raised inflation expectations, a hawkish factor for Fed policy.
The dollar initially moved lower on Tuesday after comments from President Trump reduced safe-haven demand for the dollar when he said that negotiations with Iran are continuing “at a rapid pace” and he’s optimistic the US can reach an interim peace deal with Iran” over the next week.” Also, lower T-note yields on Tuesday weakened the dollar’s... Read more
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.
Gold Price Forecast · Mon Jun 1, 4:13AM CDT
And we've seen what this means before.
Barchart · 3 minutes ago
Piper Sandler says Unity stock could rip higher to $40 over the next 12 months. Analyst James Callahan explained the bullish call on U shares in a research...
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Considering the hype surrounding the SpaceX IPO, there are good reasons to sell Tesla now and buy SpaceX instead.
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Amazon is set for its Prime Day Sale scheduled for June 23-26.
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The S&P 500 Index ($SPX ) (SPY ) today is down -0.57%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.58%, and the Nasdaq 100 Index ($IUXX...
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Dell’s strong finances, a healthy backlog, and return on capital make its low margins irrelevant.
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Gorilla Technology just closed a $2 billion AI infrastructure deal with Supermicro.
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The company’s recent partnership with Samsung Foundry will help test and simulate the 2nm process designs better and faster.
