Mexican Peso Dec '26 (M6Z26)
Mexican Peso Futures Market News and Commentary
The dollar index (DXY00) is down by -0.16% today. The dollar is modestly lower today, consolidating below last Friday’s 2-week high. Today’s rally in the Chinese yuan to a 3.5-year high is undercutting the dollar.
However, losses in the dollar are limited today as WTI crude oil climbs more than +2% to a 1-week high, which raises inflation expectations and could potentially persuade the Fed to raise interest rates, a supportive factor for the dollar. Also, weaker stocks today have boosted some liquidity demand for the dollar, and higher T-note yields have strengthened the dollar’s interest rate differentials. Finally, the dollar has some carryover support from last Friday, when Fed Chair Warsh warned inflation isn’t meaningfully slowing and vowed that policymakers will return inflation to their 2% target. The chance of a Fed rate hike at next month’s FOMC meeting rose to 63% today from 36% before Warsh’s speech.
Chinese economic news was mixed after China's Aug man... Read more
Barchart · Mon Aug 31, 9:31AM CDT
The dollar index (DXY00 ) is down by -0.16% today. The dollar is modestly lower today, consolidating below last Friday’s 2-week high. Today’s rally...
Barchart · Mon Aug 31, 8:58AM CDT
December Euro currency futures present a selling opportunity on more price weakness.
Barchart · Fri Aug 28, 2:40PM CDT
The dollar index (DXY00 ) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on Friday on hawkish comments from Fed Chair...
Barchart · Fri Aug 28, 11:39AM CDT
Markets reacted immediately after the new Fed chief’s debut speech at Jackson Hole.
Barchart · Fri Aug 28, 9:45AM CDT
The dollar index (DXY00 ) rallied to a 1-week high today and is up by +0.41%. The dollar jumped today on hawkish comments from Fed Chair Warsh, who warned...
Barchart · Thu Aug 27, 2:35PM CDT
The dollar index (DXY00 ) rose to a 1-week high on Thursday and finished up by +0.03%. The dollar found some support on Thursday after weekly US jobless...
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