Silver Dec '21 (SIZ21)
Silver Futures Market News and Commentary
The dollar index (DXY00) on Tuesday fell -0.085 (-0.09%). EUR/USD (^EURUSD) rose +0.0001 (+0.01%). USD/JPY (^USDJPY) fell -0.21 (-0.19%). The dollar index on Tuesday posted modest losses. A rebound in stocks on Tuesday from Monday’s rout curbed the liquidity demand for the dollar. Tuesday’s stronger than expected U.S. housing data for August was supportive for the dollar.
EUR/USD (^EURUSD) on Tuesday was little changed. Gains in EUR/USD were limited Tuesday by inflation comments from ECB Vice President Guindos suggesting he may favor maintaining current ECB stimulus measure when he said underlying inflation in the Eurozone is clearly below the ECB's target.
USD/JPY (^USDJPY) on Tuesday posted moderate losses and fell to a 4-session low. The yen strengthened Tuesday on the outlook for the BOJ to stand pat on interest rates and asset purchases when it concludes its 2-day policy meeting on Wednesday. The BOJ is seen staying on hold as a new Japanese prime minister... Read more
- Dollar Slips as Stocks Rebound from Monday’s Rout
The dollar index (DXY00 ) on Tuesday fell -0.085 (-0.09%). EUR/USD (^EURUSD ) rose +0.0001 (+0.01%). USD/JPY (^USDJPY ) fell -0.21 (-0.19%). The dollar...
- Time to Buy the Dip?
S&P 500 dived, yet the slide was bought before the closing bell. Does the long lower knot mean the selling is over? It‘s too early to say as following...
- Stocks Partially Recover on Dip-Buying After Monday’s Plunge
What you need to know… The S&P 500 Index ($SPX ) (SPY ) this morning up by +0.47%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.94%, and...
- Market Movements Within the Food Industry
On episode 10 of The Food Biz, hosts Kristyn Tarpey and Ryan Nelson are joined by Darin Newsom, a seasoned market analyst, commentator, and Founder of...
- USD Bears Are Fresh Out of Honey Pots
The declining medium-term outlook for gold, silver, and mining stocks will eat away at the honey pot of US dollar bears. Get ready for bee stings.
- Dollar Gains on Liquidity Demand as Stocks Plunge
The dollar index (DXY00 ) on Monday rose +0.089 (+0.10%). EUR/USD (^EURUSD ) fell -0.0001 (-0.01%). USD/JPY (^USDJPY ) fell -0.57 (-0.57%). The dollar...