Silver Mar '18 (SIH18)
Silver Futures Market News and Commentary
The dollar index (DXY00) today is up by +0.26%. The dollar added to its week-long surge today and posted a new 13-month high. The dollar continues to garner carryover support from last Wednesday, when the FOMC’s hawkish stance  projected higher interest rates later this year.  The dollar fell back from its best level after May's new home sales unexpectedly fell to a 4-month low.
The US Q1 current account balance was -$225.8 billion, a larger deficit than the -$208.9 billion expected.
US May new home sales unexpectedly fell -7.3% m/m to a 4-month low of 580,000, weaker than expectations of an increase to 640,000.
The swaps markets are discounting the odds at 32% for a +25 bp rate cut hike at the next FOMC meeting on July 28-29.
EUR/USD (^EURUSD) fell to a fresh 1-year low today and is down by -0.31%. The dollar's strength today is weighing on the euro. Also, the euro is falling amid negative carryover from Monday, after ECB President Lagarde's dovish comme... Read more
Barchart · Wed Jun 24, 9:37AM CDT
The dollar index (DXY00 ) today is up by +0.26%. The dollar added to its week-long surge today and posted a new 13-month high. The dollar continues to...
Blue Line Futures · Wed Jun 24, 6:15AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 688)
Barchart · Tue Jun 23, 2:34PM CDT
The dollar index (DXY00 ) climbed to a 13-month high on Tuesday and finished up by +0.36%. The dollar rallied on Tuesday's plunge in equity markets, boosting...
Gold Price Forecast · Tue Jun 23, 12:20PM CDT
It was about the rate channel. And this changes everything.
Barchart · Tue Jun 23, 9:35AM CDT
The dollar index (DXY00 ) climbed to a 13-month high today and is up by +0.33%. The dollar is finding support from today's plunge in equity markets, which...
Blue Line Futures · Tue Jun 23, 6:27AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 687)
Barchart · 9 minutes ago
Corning stock is up over 10% today, and Barchart reports huge, unusual GLW call options volume in a nearby expiry period for an out-of-the-money strike...
Barchart · 18 minutes ago
Lean hog futures are trading with mixed Wednesday action, as nearbys continue to be weaker, down 15 to 20 cents and defereds up as much as 70 cents. USDA’s...
Barchart · 18 minutes ago
Cotton futures are trading with midweek losses of 146 to 190 points so far on Wednesday. Crude oil is down another $2.61/bbl to $70.60. The US dollar index...
Barchart · 18 minutes ago
Live cattle futures are up $1.45 to $1.72 so far on Wednesday. Cash trade has yet to develop this week, as sales came in at $258-260 last week. The Wednesday...
Barchart · 18 minutes ago
Soybeans are showing midday losses of 4 to 5 cents so far on Wednesday. The cmdtyView national average Cash Bean price is down 4 1/2 cents at $10.62 ½....
Barchart · 18 minutes ago
The wheat complex is trading with most contracts higher on Wednesday. Chicago SRW contracts are 7 to 8 cents. KC HRW futures are showing 5 to 6 ½ cent...
Barchart · 18 minutes ago
Corn futures are trading with fractional to penny losses so far on Wednesday trade. The CmdtyView national average Cash Corn price is down 1/2 cents at...
Barchart · 20 minutes ago
Amazon's AI chief says the first commercially useful quantum computer is just five to seven years away. Here is what that means for investors and the tech...