Silver Sep '23 (SIU23)
Silver Futures Market News and Commentary
The dollar index (DXY00) on Monday fell by -0.05%. The dollar fell from a 2.5-week high on Monday and finished lower after Axios reported that Iran has offered a new proposal to reopen the Strait of Hormuz. The dollar initially moved higher in overnight trade after President Trump canceled planned negotiations with Iran in Pakistan.  Higher crude oil prices on Monday increased inflation expectations, a hawkish factor for Fed policy, and positive for the dollar.Â
Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire.Â
Axios reported that Iran has given the US a new proposal to reopen the Strait of Hormuz and end the war. The plan calls for extending the ceasefire so the parties can work toward a permanent end to the war, and nuclear talks would come later, only after a US blockade of t... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar fell from a 2.5-week high on Monday and finished lower after Axios reported that Iran has...
Barchart · Mon Apr 27, 9:31AM CDT
The dollar index (DXY00 ) today is down by -0.19%. The dollar fell from a 2.5-week high today and turned lower after Axios reported that Iran has offered...
Barchart · Fri Apr 24, 2:33PM CDT
The dollar index (DXY00 ) on Friday fell by -0.24%. The dollar gave up an early advance and turned lower on Friday as stocks rallied on optimism that...
Gold Price Forecast · Fri Apr 24, 11:41AM CDT
Absurd? Perhaps. But it's still taking place.
Barchart · Fri Apr 24, 9:32AM CDT
The dollar index (DXY00 ) today is down by -0.16%. The dollar gave up an early advance and turned lower today as stocks rallied on optimism that peace...
Barchart · Thu Apr 23, 2:37PM CDT
The dollar index (DXY00 ) climbed to a 1.5-week high on Thursday and finished up by +0.22%. The dollar remains supported amid persistent tensions in the...
Barchart · 3 minutes ago
POET stock crumbled today as Marvell canceled all purchase orders, citing a breach of an NDA. But does that warrant cutting exposure to POET Technologies...
Barchart · 20 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.12%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index...
Barchart · 59 minutes ago
Oklo is partnering with Nvidia and Los Alamos National Laboratory to develop nuclear-powered AI factories.
Barchart · 59 minutes ago
The disruptive fintech has a history of exceeding analysts' expectations.
Barchart · 1 hour ago
The dollar index (DXY00 ) on Monday fell by -0.05%. The dollar fell from a 2.5-week high on Monday and finished lower after Axios reported that Iran has...
Barchart · 1 hour ago
Tesla's Q1 revenue beat and improving margins were overshadowed by a $25 billion 2026 capex plan, nearly triple last year's spending, that puts free cash...
Barchart · 1 hour ago
June WTI crude oil (CLM26 ) on Monday closed up +1.97 (+2.09%), and June RBOB gasoline (RBM26 ) closed up +0.0372 (+1.12%). Crude oil and gasoline prices...
Barchart · 1 hour ago
May Nymex natural gas (NGK26 ) on Monday closed up +0.027 (+1.07%). Nat-gas prices settled higher on Monday as short covering emerged amid colder US weather...
