Mexican Peso Sep '26 (M6U26)
Mexican Peso Futures Market News and Commentary
The dollar index (DXY00) on Wednesday fell by -0.71% and posted a 4-week low.  The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire, curbing safe-haven demand for the dollar. Also, Wednesday's surge in equity markets reduced liquidity demand for the dollar. In addition, sharply lower T-note yields on Wednesday have weakened the dollar's interest rate differentials.Â
The minutes of the March 17-18 FOMC meeting were neutral for the dollar. The minutes stated that "The vast majority of participants judged that upside risks to inflation and downside risks to employment were elevated, and the majority of participants noted that these risks had increased with developments in the Middle East."
Swaps markets are discounting the odds at 1% 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... Read more
Barchart 1 hour ago
The dollar index (DXY00 ) on Wednesday fell by -0.71% and posted a 4-week low. The dollar plummeted on Wednesday after the US and Iran agreed to a ceasefire,...
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 1 minute ago
Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price...
Barchart 1 minute ago
Cotton futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower...
Barchart 1 minute ago
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Cash trade has yet to get kicked off this week, with...
Barchart 1 minute ago
Corn futures saw some buying off the early overnight lows, but still managed to close with losses of 1 ¾ to 3 ½ cents. The CmdtyView national average...
Barchart 1 minute ago
Soybeans closed the Wednesday session with contracts steady to 3 ¾ cents in the green, getting support from meal. The cmdtyView national average Cash...
Barchart 1 minute ago
The wheat complex was under pressure on Wednesday as money was coming out with pressure from crude oil. Chicago SRW futures was down 13 to 17 ¾ cents...
Barchart 22 minutes ago
Bank of America just cut Carvana to "Neutral," warning that an Iran‑driven oil shock could squeeze fuel‑heavy delivery costs and slow the stock’s...
Barchart 44 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +2.51%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +2.85%, and the Nasdaq 100 Index...
