Silver May '25 (SIK25)
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 · 55 minutes ago
Cotton futures closed the Thursday session gains of the 3 cent limit in July, with in delivery May up 3 cents. Most other contracts were 102 to 254 points...
Barchart · 55 minutes 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 · 55 minutes ago
Lean hog futures were down 25 cents to $1.65 at the Thursday close. USDA’s national base hog price was reported at $92.64 on Thursday afternoon, down...
Barchart · 55 minutes ago
Soybeans bounced off early session lows on Thursday to close with contracts down ¼ to 1 ½ cents in old crop contracts and up 1 3/4 to 3 cents in the...
Barchart · 55 minutes ago
The wheat complex posted some profit taking on Thursday, with all three markets facing pressure. Chicago SRW futures were down 11 ¾ to 18 ½ cents in...
Barchart · 55 minutes ago
Corn futures posted modest losses to close out April with contracts ¼ to 3 ½ cents. There were 19 delivery notices on First Notice Day for May futures....
Barchart · 1 hour ago
Analysts are pushing the buy button on SNDK stock.
Barchart · 1 hour ago
Eli Lilly stock rallies as GLP-1 sales drive a 56% year-on-year increase in Q1 revenue. Jim Cramer recommends buying LLY shares as the weight-loss addressable...
