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FX News and Commentary

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Wed, Jun 19th, 2024
German Bund Can Stabilize and Recover The EURUSD Pair

German Bund Can Stabilize and Recover The EURUSD Pair due to positive correlation, as BUND is looking for a bigger rally.

Dollar Slips as S&P 500 Climbs to a Record High

The dollar index (DXY00 ) Tuesday fell slightly by -0.04%. The dollar Tuesday gave up overnight gains and turned lower as T-note yields fell on the weaker-than-expected US May retail sales report. Also,...

DXY00 : 105.284 (+0.03%)
^EURUSD : 1.07345 (-0.05%)
^USDJPY : 157.852 (-0.01%)
GCQ24 : 2,343.3 (-0.15%)
SIN24 : 29.565 (unch)
Stocks Waver on Mixed US Economic News

The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.11%. Stock indexes today are mixed....

$SPX : 5,487.03 (+0.25%)
SPY : 548.49 (+0.25%)
$DOWI : 38,834.86 (+0.15%)
DIA : 389.14 (+0.14%)
$IUXX : 19,908.86 (+0.03%)
QQQ : 485.21 (+0.03%)
ZNU24 : 110-220 (-0.10%)
MU : 153.45 (+3.80%)
SLB : 44.44 (+1.86%)
OXY : 61.26 (+1.76%)
CVX : 153.33 (+0.09%)
XOM : 109.38 (+0.94%)
Dollar Follows T-Note Yields Lower

The dollar index (DXY00 ) today is down by -0.15%. The dollar today gave up overnight gains and turned lower as T-note yields fell on the weaker-than-expected US May retail sales report. The dollar today...

DXY00 : 105.284 (+0.03%)
^EURUSD : 1.07345 (-0.05%)
^USDJPY : 157.852 (-0.01%)
GCQ24 : 2,343.3 (-0.15%)
SIN24 : 29.565 (unch)
Stocks Post Modest Gains on Mixed US Economic Reports

The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.03%. Stock indexes today are slightly...

$SPX : 5,487.03 (+0.25%)
SPY : 548.49 (+0.25%)
$DOWI : 38,834.86 (+0.15%)
DIA : 389.14 (+0.14%)
$IUXX : 19,908.86 (+0.03%)
QQQ : 485.21 (+0.03%)
ZNU24 : 110-220 (-0.10%)
MU : 153.45 (+3.80%)
QCOM : 227.09 (+2.19%)
LZB : 40.70 (+19.39%)
CLDX : 34.66 (-0.72%)
KR : 51.98 (+1.82%)
Gold/Silver: European Liquidation – New Safe-Haven & Data To Watch!

Tune into today’s Metals Minute for key levels and actionable trade ideas covering your favorite Precious Metals, overnight developments, and what to watch for every trading day.

Dollar and Gold Fall Back as Political Risks in France Ease

The dollar index (DXY00 ) Monday fell by -0.19%. The dollar Monday gave up overnight gains and turned lower as the euro strengthened after French political risks eased. The dollar extended its losses...

DXY00 : 105.284 (+0.03%)
^EURUSD : 1.07345 (-0.05%)
^USDJPY : 157.852 (-0.01%)
GCQ24 : 2,343.3 (-0.15%)
SIN24 : 29.565 (unch)
Stocks Climb, With the Nasdaq 100 Posting New Record Highs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. Stock indexes today are higher,...

$SPX : 5,487.03 (+0.25%)
SPY : 548.49 (+0.25%)
$DOWI : 38,834.86 (+0.15%)
DIA : 389.14 (+0.14%)
$IUXX : 19,908.86 (+0.03%)
QQQ : 485.21 (+0.03%)
ZNU24 : 110-220 (-0.10%)
ADSK : 244.12 (+1.50%)
AVGO : 1,802.52 (-1.44%)
TSLA : 184.86 (-1.38%)
GLW : 40.21 (+3.77%)
AAN : 10.03 (-0.30%)
Higher Bond Yields Weigh on Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.10%. Stock indexes today are posting...

$SPX : 5,487.03 (+0.25%)
SPY : 548.49 (+0.25%)
$DOWI : 38,834.86 (+0.15%)
DIA : 389.14 (+0.14%)
$IUXX : 19,908.86 (+0.03%)
QQQ : 485.21 (+0.03%)
ZNU24 : 110-220 (-0.10%)
ADSK : 244.12 (+1.50%)
AVGO : 1,802.52 (-1.44%)
GLW : 40.21 (+3.77%)
AAN : 10.03 (-0.30%)
OLLI : 98.04 (+2.15%)

Tweets @Barchart

Barchart
@Barchart
Nvidia $NVDA is now up a staggering 591,078% (dividends included) since its IPO in 1999. A $1,000 investment back then would be worth $5.9 million today. https://t.co/cC7j9BlPo1
Barchart
@Barchart
Nasdaq has traded green for 7 consecutive days, its longest winning streak of the year https://t.co/06vYhyOGDQ
Barchart
@Barchart
Nvidia $NVDA insiders have now sold more than $700 million worth of shares this year https://t.co/qk6UHjYTnZ
Barchart
@Barchart
Fund Managers are the most bullish in 3 years https://t.co/TnsEb8s4Tw
Barchart
@Barchart
JUST IN 🚨: SEC closes investigation in Ethereum $ETH - wow another huge win for crypto!! https://t.co/RIt3CWs0n9
Barchart
@Barchart
Equal Weighted S&P 500 $RSP has now declined against the Market Weighted S&P 500 $SPY for a 12th consecutive day and 19 of the last 21 👀 https://t.co/aKzlevtssn
Barchart
@Barchart
BREAKING 🚨: PayPal $PYPL forms the dreaded tear drop pattern https://t.co/tbKnHAtN18 https://t.co/iFcbEAmhW7
Barchart
@Barchart
Silver $SLV finding support right at the 50D moving average https://t.co/in47z5G42c
Barchart
@Barchart
Uh Oh 😱 https://t.co/K7CUgHuiwi
Barchart
@Barchart
Source: @JamesEagle17

Chart of the Day

Motorola Solutions (MSI)

The Chart of the Day belongs to the communication equipment company Motorola Solutions (MSI) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the...
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