Swiss Franc Dec '23 (S6Z23)
Swiss Franc Futures Market News and Commentary
The dollar index (DXY00) rallied to a 2.5-week high on Friday and finished up by +0.47%. The dollar rallied on Friday on concerns that strong US economic news and soaring crude oil prices will prompt the Fed to tighten monetary policy, a bullish factor for the dollar.  Friday's economic news was bullish for the dollar after the May Empire manufacturing survey general business conditions unexpectedly rose to a 4-year high, and Apr manufacturing production posted its biggest increase in 14 months. Also, the 10-year T-note yield rose to an 11.75-month high of 4.60% on Friday, strengthening the dollar's interest rate differentials. Finally, slumping equity markets on Friday boosted liquidity demand for the dollar.
The US May Empire manufacturing survey of general business conditions unexpectedly rose +8.6 to a 4-year high of 19.6, stronger than expectations of a decline to 7.2.
US Apr manufacturing production rose +0.6% m/m, stronger than expectations of +0.2% m/m and the... Read more
Barchart · Fri May 15, 2:33PM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high on Friday and finished up by +0.47%. The dollar rallied on Friday on concerns that strong US economic...
Barchart · Fri May 15, 9:38AM CDT
The dollar index (DXY00 ) rallied to a 2.5-week high today and is up by +0.39%. The dollar is climbing today on concerns that strong US economic news...
Wavetraders · Fri May 15, 2:42AM CDT
Kiwi is reversing quite aggressively to the downside, and notice that price on the 4 hour time frame is currently breaking the trend line support connected...
Barchart · Thu May 14, 2:32PM CDT
The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April...
Barchart · Thu May 14, 9:38AM CDT
The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report....
Wavetraders · Thu May 14, 4:28AM CDT
EURCHF may dip toward 0.9100 support within wave C of (Y) before the broader bullish trend resumes.
Barchart · 48 minutes ago
AI infrastructure spending is reshaping the semiconductor supply chain in unexpected ways. AXT emerged as one of the market’s top performers by supplying...
Barchart · 1 hour ago
LMT stock shows multiple, positive catalysts, with the Golden Dome being among the largest.
Barchart · Sat May 16, 10:30AM CDT
There's a lot of enthusiasm about this Nvidia competitor. What exactly is drawing investors?
Barchart · Sat May 16, 10:00AM CDT
Ford, which failed to meet its ambitious EV targets, is now betting on the energy storage business. Can the company compete with Tesla there?
Barchart · Sat May 16, 9:00AM CDT
Shares of Dell just logged their strongest weekly gain in over two years. With AI server demand surging, investors are now asking whether the rally still...
Barchart · Sat May 16, 9:00AM CDT
Despite Alibaba Group's report of a sharp drop in profitability, its full-stack AI business could be seen as a pivot in the right direction.
Barchart · Sat May 16, 8:30AM CDT
Intel may be mounting an impressive comeback, but AMD and Arm are still taking share in the AI-driven server CPU race.
Barchart · Sat May 16, 8:00AM CDT
Wix's shares experienced a steep slide as the company faces mounting AI pressure and shifting market dynamics.
