Silver Jul '13 (SIN13)
Silver Futures Market News and Commentary
The dollar index (DXY00) is moving lower today and is down by -0.28%.  Today's -3% plunge in WTI crude oil prices has lowered inflation expectations and could prompt the Fed to pursue easier monetary policy, a bearish factor for the dollar. Also, lower T-note yields today weaken the dollar's interest rate differential and are negative for the dollar.Â
The dollar recovered from its worst level today on better-than-expected US economic news. The Apr trade deficit eased to -$55.9 billion from -$56.6 billion in Mar, narrower than the -$56.1 billion expected. Also, May existing home sales rose +3.2% m/m to a 5-month high of 4.17 million, stronger than expectations of 4.07 million.
President Trump today predicted a swift end to the war with Iran and a subsequent fall in oil prices, and said, "We're in the final throes of what will be a very, very good deal, and that they could have at least an idea one or two days from now" about the deal. Â
The swaps markets are dis... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) is moving lower today and is down by -0.28%. Today's -3% plunge in WTI crude oil prices has lowered inflation expectations and...
Blue Line Futures · Tue Jun 9, 6:24AM CDT
Dive into today's market action with the Blue Line Futures Metals Minute! (Episode 678)
Barchart · Mon Jun 8, 2:32PM CDT
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Barchart · Mon Jun 8, 9:28AM CDT
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Barchart · 3 minutes ago
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Barchart · 12 minutes ago
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