THE TRUTH ABOUT: Martins kazaks - The Untold Story

Dollar Rallies and Gold Slumps on US Price Pressures and Hawkish Fedspeak

The dollar index (DXY00 ) rallied to a 1.5-week high on Tuesday and finished up by +0.60%. The dollar moved higher Tuesday after T-note yields jumped when US Oct CPI rose more than expected, a hawkish factor for Fed policy. Gains in the dollar accelerated Tuesday on hawkish comments from...

Barchart · Nov 10

Dollar Jumps and Gold Falls on Hot US CPI and Hawkish Fed Comments

The dollar index (DXY00 ) is up by +0.43% today. The dollar is moving higher today on hawkish comments from Fed Governor Christopher Waller, who said he supports a 25 bp Fed rate hike in December, and is open to a 50 bp move if inflation stays elevated. The dollar...

Barchart · Nov 10

Dollar Pressured by Lower T-Note Yields

The dollar index (DXY00 ) fell to a 1-week low on Thursday and finished down by -0.49%. The dollar slid on Thursday on weaker T-note yields after the 10-year T-note yield fell to a 3-week low of 5.035%, narrowing the dollar’s interest-rate differentials. Also, dovish comments from San Francisco Fed...

Barchart · Oct 15

Dollar Rallies on Signs of a Resilient US Economy

The dollar index (DXY00 ) on Thursday climbed to a 2-week high, finishing up by 0.29%. The dollar garnered support from Thursday's as-expected US April retail sales report, signaling signs of a resilient US economy. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters...

Barchart · May 14

Dollar Climbs on a Solid US Retail Sales Report

The dollar index (DXY00 ) today climbed to a 2-week high, up by +0.10%. The dollar garnered support from today's as-expected US April retail sales report. Also, signs of progress in US-China trade negotiations are supportive of the dollar after Reuters reported that the US and China are weighing a...

Barchart · May 14

Dollar Recovers on Rising Tensions Over the Strait of Hormuz

The dollar index (DXY00 ) on Wednesday rose to a 1-week high and finished up by +0.20%. The dollar found support on Wednesday as the escalation of the US-Iran war boosted safe-haven demand for the dollar. Iran seized two ships on Wednesday in the Strait of Hormuz for "endangering maritime...

Barchart · Apr 22

Dollar Slips as Strength in Stocks Curbs Liquidity Demand

The dollar index (DXY00 ) today is down by -0.03%. The dollar gave up an early advance today and turned lower after a rally in stocks reduced liquidity demand for the dollar, following President Trump's announcement that he will indefinitely extend the ceasefire with Iran. Also, lower T-note yields today...

Barchart · Apr 22

Stock Index Futures Climb Ahead of Powell’s Jackson Hole Speech

September S&P 500 E-Mini futures (ESU24) are up +0.51%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.60% this morning as market participants awaited Federal Reserve Chair Jerome Powell’s Jackson Hole speech for more clues on the amount and timing of interest rate cuts.

Barchart · Aug 23, 2024

Stocks Move Lower Before the Open as China Trade Data Disappoints, U.S. CPI Looms

June S&P 500 futures (ESM23) are down -0.38%, and June Nasdaq 100 E-Mini futures (NQM23) are down -0.43% this morning as market participants digested soft Chinese trade data while looking ahead to a busy week in terms of corporate earnings results and economic data.

Barchart · May 9, 2023