New Zealand Dollar Cash (N6Y00)
New Zealand Dollar Futures Market News and Commentary
The dollar index (DXY00) tumbled to a 2.5-month low on Wednesday and finished down by -0.80%. The dollar retreated on Wednesday after the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Lower T-note yields on Wednesday also weakened the dollar‘s interest rate differentials.
The US Treasury announced on Wednesday that it will at least double the maximum size of its liquidity support buyback operations for longer-dated nominal coupon sizes to at least $4 billion per operation, effective September 9.
Wednesday’s minutes of the July 28-29 FOMC meeting were slightly hawkish and dollar supportive as many Fed officials indicated that policy tightening would be necessary if inflation didn't decline. The minutes showed participants' inflation outlooks were "highly uncertain," and re re-escalation of the Iran war "clouded the inflation outlook." Officials described the labor market as stable, with labor demand and supply in balance.... Read more
Barchart · Wed Aug 19, 5:52PM CDT
Like a dealer buying his own stash, the Treasury is propping up the market for long-dated bonds – and it won’t end well.
Barchart · Wed Aug 19, 2:50PM CDT
Inside the Treasury Department announcement that temporarily calmed the longer end of the yield curve.
Barchart · Wed Aug 19, 2:36PM CDT
The dollar index (DXY00 ) tumbled to a 2.5-month low on Wednesday and finished down by -0.80%. The dollar retreated on Wednesday after the US Treasury...
Barchart · Wed Aug 19, 9:35AM CDT
The dollar index (DXY00 ) tumbled to a 2.5-month low today and is down by -0.76%. The dollar retreated today after the US Treasury boosted liquidity and...
Barchart · Wed Aug 19, 9:03AM CDT
December British pound futures present a buying opportunity on more price strength.
Barchart · Tue Aug 18, 2:43PM CDT
The dollar index (DXY00 ) rose by +0.10% on Tuesday. The weakness in stocks on Tuesday increased demand for dollar liquidity. Also, Tuesday’s rally...
Barchart · 1 hour ago
Cboe Global Markets raised its quarterly dividend by 19% to $0.86 per share on Aug. 13, marking the 16th consecutive year of increases, supported by strong...
Barchart · Wed Aug 19, 5:52PM CDT
Like a dealer buying his own stash, the Treasury is propping up the market for long-dated bonds – and it won’t end well.
Barchart · Wed Aug 19, 5:16PM CDT
The wheat complex rallied across the three exchanges on the midweek session. Chicago SRW contracts was up 10 to 16 1/4 cents across most contracts. KC...
Barchart · Wed Aug 19, 5:16PM CDT
Soybeans closed out the Wednesday session with contracts up 11 ¼ to 21 ½ cents across most months. The cmdtyView national average Cash Bean price was...
Barchart · Wed Aug 19, 5:16PM CDT
Lean hog futures closed the Wednesday session with contracts 12 to 77 cents higher. USDA’s national base hog price was reported at $92.10 in the Wednesday...
Barchart · Wed Aug 19, 5:16PM CDT
Corn futures rallied into the Wednesday close, as contracts were up 8 to 10 cents in most front months, with deferreds fractionally to 5 ¼ cents. The...
Barchart · Wed Aug 19, 5:16PM CDT
Cotton futures closed with contracts 243 to 294 points higher across the front months, with deferred contracts 53 to 110 points in the green. Crude oil...
Barchart · Wed Aug 19, 5:16PM CDT
Live cattle futures fell back $1.47 to $2.05 across most contracts on Wednesday, ignoring the stronger beef. Cash trade has picked up a few at $355-360....