Silver Mar '22 (SIH22)
Silver Futures Market News and Commentary
The dollar index (DXY00) on Thursday tumbled to a 1.5-week low and finished down by -0.95%.  Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned that Japan is close to intervening in the forex market to support the yen. Also, lower crude oil prices on Thursday eased inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar. The dollar extended its losses on Thursday after US Q1 GDP grew at a slower-than-expected pace and Mar leading indicators fell by the most in eleven months.Â
The dollar found some support on Thursday after US weekly jobless claims fell to a 57-year low, the Q1 employment cost index rose more than expected, and the US Mar core PCE price index, the Fed’s preferred inflation gauge, rose 3.2% y/y, the largest increase in 2.25 years.
Heightened US-I... Read more
Barchart · Thu Apr 30, 2:32PM CDT
The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after...
Barchart · Thu Apr 30, 9:50AM CDT
The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.67%. Today’s +2% rally in the yen is weighing on the dollar after Japanese Finance...
Barchart · Thu Apr 30, 8:00AM CDT
Bank of America’s $309 silver call is really an upper‑bound scenario built on the gold‑to‑silver ratio snapping back to rare historical extremes,...
Barchart · Wed Apr 29, 2:37PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.27%. Wednesday’s better-than-expected US economic news on Mar housing starts and Mar core capital...
Barchart · Wed Apr 29, 9:33AM CDT
The dollar index (DXY00 ) today is up by +0.24%. Today's better-than-expected US economic news on Mar housing starts and Mar core capital goods new orders...
Barchart · Tue Apr 28, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.15%. Tuesday's stock slump boosted liquidity demand for the dollar. Also, higher crude oil prices on Tuesday...
Barchart · 1 minute ago
Eli Lilly stock jumps on strong Q1 performance numbers, with its GLP-1s leading the chart.
Barchart · 16 minutes ago
The S&P 500 Index ($SPX ) (SPY ) today is up +0.55%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ...
Barchart · 1 hour ago
Our resident ROAR columnist explains how he got into horse racing, and how stock market fans can find a favorite for this weekend.
Barchart · 1 hour ago
Seagate is rising after its blockbuster Q3 earnings. Should you consider buying the stock now?
Barchart · 1 hour ago
Wheat is mostly higher on Friday morning, with the nearby May thin and in-deliveries. The wheat complex posted some profit taking on Thursday, with all...
Barchart · 1 hour ago
Cotton prices are up 40 to 45 points on Friday AM trade. Futures closed the Thursday session gains of the 3 cent limit in July, with in delivery May up...
Barchart · 1 hour ago
Live cattle futures posted mixed trade at the close, with contracts down $1.25 to $1.60 higher in the expiring April contract. Cash trade got kicked off...
Barchart · 1 hour ago
Lean hog futures were down 25 cents to $1.65 at the Thursday close. Open interest suggested some modest long liquidation, down 3,105 contracts. USDA’s...
