Gold Mini Feb '25 (QOG25)
Gold Mini Futures Market News and Commentary
The dollar index (DXY00) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday, when the FOMC projected higher interest rates later this year.  Thursday's US economic news was also supportive of the dollar as weekly jobless claims fell as expected and the June Philadelphia Fed business outlook survey rose more than expected.
On the negative side for the dollar was Thursday's decline in WTI crude oil prices to a 3.5-month low, which lowered inflation expectations and could potentially allow the Fed to pursue easier monetary policies, a bearish factor for the dollar. Also, Thursday's stock rally reduced liquidity demand for the dollar.
US weekly initial unemployment claims fell by -4,000 to 226,000, close to expectations of 225,000.
The US Jun Philadelphia Fed business outlook survey rose +10.7 to 10.3, stronger than expectations of 10.0.
US May leading indicators rose +0.1% m/m, right on... Read more
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The dollar index (DXY00 ) rallied to a 13-month high on Thursday, finishing up by 0.80%. The dollar rose on Thursday on carryover support from Wednesday,...
Barchart · Thu Jun 18, 9:33AM CDT
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Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 685)
Barchart · Wed Jun 17, 2:37PM CDT
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Barchart · 1 hour ago
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Barchart · Sat Jun 20, 3:28PM CDT
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Barchart · Sat Jun 20, 11:00AM CDT
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Barchart · Sat Jun 20, 10:45AM CDT
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Barchart · Sat Jun 20, 9:00AM CDT
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