South African Rand Jul '26 (T6N26)
South African Rand Futures Market News and Commentary
The dollar index (DXY00) recovered from a 1-week low on Friday and finished up by +0.07%.  The fragile and uncertain situation in the Middle East is supporting safe-haven demand for the dollar today after Iran vowed to respond to the US attacks this week on Iran’s rail and maritime infrastructure.  Also, higher T-note yields on Friday strengthened the dollar’s interest rate differentials.Â
The dollar initially moved lower on Friday as easing geopolitical tensions undercut crude oil prices, after an American official said that talks between the US and Iran over a permanent peace deal are continuing, with the US still committed to a diplomatic solution. Also, Al Jazeera reported Friday that Qatar said it supports all efforts to defuse US-Iran tensions. Lower crude oil prices undercut inflation expectations and could prompt the Fed to loosen monetary policy, a negative factor for the dollar.Â
The swaps markets are discounting the odds at 34% for a +25 bp rate hike at the... Read more
Barchart · Fri Jul 10, 2:33PM CDT
The dollar index (DXY00 ) recovered from a 1-week low on Friday and finished up by +0.07%. The fragile and uncertain situation in the Middle East is supporting...
Barchart · Fri Jul 10, 9:36AM CDT
The dollar index (DXY00 ) recovered from a 1-week low today and is up +0.03%. The fragile and uncertain situation in the Middle East is supporting safe-haven...
Barchart · Fri Jul 10, 9:24AM CDT
September U.S. T-Bond futures present a selling opportunity on more price weakness.
Barchart · Thu Jul 9, 2:39PM CDT
The dollar index (DXY00 ) fell by -0.08% on Thursday. The dollar moved lower on Thursday as strength in stocks reduced liquidity demand for the currency....
Barchart · Thu Jul 9, 9:34AM CDT
The dollar index (DXY00 ) is down by -0.11% today. The dollar is moving lower today as strength in stocks has reduced liquidity demand for the currency....
Barchart · Wed Jul 8, 2:33PM CDT
The dollar index (DXY00 ) fell by -0.05% on Wednesday. The dollar gave up an early advance on Wednesday and posted modest losses as stocks recovered from...
Barchart · 32 minutes ago
Don't argue with the market. Everything about wheat's fundamentals says prices should be stronger... yet the trend has been down since May.Is the market...
Barchart · 32 minutes ago
Netflix stock keeps dropping. It's now below the low price before dropping its Warner Bros. bid in late February. However, its FCF is strong and expected...
Barchart · 34 minutes ago
Williams Companies is poised to announce its second-quarter results soon, and analysts predict a double-digit rise in the company’s bottom-line figure....
Barchart · 56 minutes ago
Hubbell is set to report Q2 earnings soon, with analysts expecting high-single-digit EPS growth.
Barchart · 1 hour ago
Visa is set to report Q3 earnings next month, with analysts expecting high single-digit EPS growth.
Barchart · 1 hour ago
Corn futures are trading with 5 to 7 cent gains so far on Monday. Bulls found their footing on Friday following friendlier than expected USDA data. Contracts...
Barchart · 1 hour ago
Wheat is trading with mixed action on Monday morning, with contracts withing a couple cents of unchanged. The wheat complex was in rally mode on Friday,...
Barchart · 1 hour ago
Lean hog futures continued the mixed trend last week with contracts up 85 to 67 cents lower. August was up 25 cents on the week. Open interest was down...