Silver Mar '22 (SIH22)
Silver Futures Market News and Commentary
The dollar index (DXY00) fell by -0.28% on Monday. The dollar settled lower on Monday, consolidating below last Friday’s 2-week high. Comments from US Treasury Secretary Bessent weighed on the dollar Monday when he said the Fed traditionally doesn’t raise interest rates in response to a supply shock, suggesting a possible conflict with Fed Chair Warsh. Monday’s rally in the Chinese yuan to a 3.5-year high also undercut the dollar.
However, losses in the dollar were limited on Monday as WTI crude oil rallied more than +2% to a 1-week high, which raised inflation expectations and could potentially persuade the Fed to raise interest rates, a supportive factor for the dollar. Also, weaker stocks on Monday boosted some liquidity demand for the dollar, and higher T-note yields have strengthened the dollar’s interest rate differentials. Finally, the dollar has some carryover support from last Friday, when Fed Chair Warsh warned inflation isn’t meaningfully slowing and vowed that... Read more
Barchart · Mon Aug 31, 2:32PM CDT
The dollar index (DXY00 ) fell by -0.28% on Monday. The dollar settled lower on Monday, consolidating below last Friday’s 2-week high. Comments from...
Barchart · Mon Aug 31, 9:31AM CDT
The dollar index (DXY00 ) is down by -0.16% today. The dollar is modestly lower today, consolidating below last Friday’s 2-week high. Today’s rally...
Blue Line Futures · Mon Aug 31, 6:24AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 735)
Barchart · Mon Aug 31, 6:10AM CDT
A look at the headlines Monday morning gives us more fighting in the Middle East, threats in Europe, and continuing debate over Chairman Warsh's comments....
Blue Line Futures · Fri Aug 28, 3:32PM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 734)
Barchart · Fri Aug 28, 2:40PM CDT
The dollar index (DXY00 ) rallied to a 2-week high on Friday and finished up by +0.61%. The dollar jumped on Friday on hawkish comments from Fed Chair...
Barchart · 41 minutes ago
Bill Gates believes AI could trigger major economic upheaval, with $20-an-hour workers potentially losing jobs to $10-an-hour robots. Here's what the AI...
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Billionaire Charlie Munger owned just three major investments and called diversification a rule for “know-nothing investors.” His strategy centered...
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The S&P 500 Index ($SPX ) (SPY ) closed down by -0.33% on Monday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.70%, and the Nasdaq...
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