Mexican Peso Jun '27 (M6M27)
Mexican Peso Futures Market News and Commentary
The dollar index (DXY00) is sharply lower today by 1.13% at a 4-week low.  The dollar is plummeting today after the US and Iran agreed to a ceasefire, curbing safe-haven demand for the dollar. Also, today's surge in equity markets has reduced liquidity demand for the dollar. In addition, sharply lower T-note yields today have weakened the dollar's interest rate differentials.Â
Swaps markets are discounting the odds at 2% for a +25 bp rate hike at the April 28-29 FOMC meeting.
The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to raise rates by at least +25 bp in 2026.Â
EUR/USD (^EURUSD) today is up by +0.91% at a 5-week high.  Today's plunge in the dollar is boosting the euro. Also, today's 17% plunge in crude oil prices is positive for the euro and the Eurozone economy, as Europe imports most of its energy needs.  Today's... Read more
Barchart Wed Apr 8, 9:37AM CDT
The dollar index (DXY00 ) is sharply lower today by 1.13% at a 4-week low. The dollar is plummeting today after the US and Iran agreed to a ceasefire,...
Wavetraders Wed Apr 8, 5:10AM CDT
Looking at the daily chart, there is still room for further upside, as the market may have already completed a higher degree five wave decline from the...
Barchart Tue Apr 7, 2:32PM CDT
The dollar index (DXY00 ) on Tuesday fell by -0.11%. The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a...
Barchart Tue Apr 7, 9:36AM CDT
The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in...
Barchart Mon Apr 6, 2:37PM CDT
The dollar index (DXY00 ) on Monday fell by -0.04%. The dollar was under pressure on Monday as stocks recovered on hopes for a ceasefire in Iran, curbing...
Barchart Mon Apr 6, 10:45AM CDT
June Canada dollar futures present a selling opportunity on more price weakness.
Barchart 4 minutes ago
Today, large, unusual put option volume in Intel stock (INTC) signals a bullish outlook. The puts are at-the-money strike prices with a 4% yield to short...
Barchart 5 minutes ago
Corn futures are bouncing off the early session lows with contracts down 3 to 5 cents at midday. The CmdtyView national average Cash Corn price is down...
Barchart 5 minutes ago
Soybeans are trading with mixed action as front months are up 1 to 2 cents and deferred down fractionally. The cmdtyView national average Cash Bean price...
Barchart 5 minutes ago
The wheat complex is falling on Wednesday with weakness spilling over from the crude oil. Chicago SRW futures is down 18 to 19 cents on the day. KC HRW...
Barchart 5 minutes ago
Live cattle futures are trading with contracts up 15 cents to 25 cents lower in the nearbys. Cash trade has yet to get kicked off this week, with sales...
Barchart 5 minutes ago
Lean hog futures are trading with contracts down 37 cents to $1.90 at midday. USDA’s national base hog price was not reported on Wednesday morning due...
Barchart 20 minutes ago
Mark Cuban predicts that humanoid robots will be a short-lived phase, lasting only five to ten years, because they’re inefficient for real household...
