South African Rand Aug '26 (T6Q26)
South African Rand Futures Market News and Commentary
The dollar index (DXY00) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing safe-haven demand for the dollar. Also, today's -6% plunge in WTI crude oil prices lowers inflation expectations and could prompt the Fed to loosen monetary policy, a negative factor for the dollar. The dollar recovered from its worst level after the July ISM manufacturing index rose more than expected to a 4-year high.
Dovish comments today from New York Fed President John Williams were negative for the dollar when he said interest rates remain well positioned as inflation should ease during the second half of the year.
The US July ISM manufacturing index rose +2.3 to 55.6, stronger than expectations of 53.9 and the fastest pace of expansion in four years.
US June construction spending unexpectedly fell -0.1% m/m, weaker than expectations of a +0.2% m/m increase.
The markets are discounting a 63% prob... Read more
Barchart · Mon Aug 3, 9:33AM CDT
The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing...
Barchart · Mon Aug 3, 9:30AM CDT
Behind the joint yen rescue operation, from FIMA to euros, and what it means for the Treasury market, the carry trade, and more.
Barchart · Mon Aug 3, 9:22AM CDT
December Australian dollar futures present a buying opportunity on more price strength.
Barchart · Mon Aug 3, 7:16AM CDT
It was another Monday morning of more of the same, with a little spice added in, just to change things up a bit.
Wavetraders · Mon Aug 3, 5:04AM CDT
USDJPY has reversed aggressively from the 164 area, breaking key technical supports and signaling that a larger trend change may be underway. While a short-term...
Barchart · Fri Jul 31, 2:38PM CDT
The dollar index (DXY00 ) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened...
Barchart · 3 minutes ago
Growth in its EPYC server processors, faster adoption of Instinct AI GPUs, and improving profit margins all point to accelerating revenue and earnings...
Barchart · 8 minutes ago
Microsoft is currently generating stronger growth and cash returns from its AI investments, while Amazon is betting that its custom chips will deliver...
Barchart · 18 minutes ago
Three brokerages have upgraded F stock to a "buy" over the last week. Here's the stock's forecast after Ford's Q2 2026 earnings.
Barchart · 26 minutes ago
Investors have been trading an unusually large volume of out-of-the-money Microsoft call options expiring in 74 days. That's a huge bullish signal on MSFT...
Barchart · 26 minutes ago
Microsoft added roughly $450 billion, after shares surged 15.51% on July 30 following a solid fiscal fourth-quarter print that showed Azure growth accelerating...
Barchart · 29 minutes ago
The scale of the leases shows Microsoft is not slowing down on AI investments.
Barchart · 32 minutes ago
Soybeans are posting 1 to 5 1/4 cents gains across the front months on Monday, as products push higher. The cmdtyView national average Cash Bean price...
Barchart · 32 minutes ago
The wheat complex is trading with gains on Monday. Chicago SRW contracts are 12 to 13 cents higher at midday. KC HRW futures are 11 to 12 cents in the...