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Copper Micro Jul '23 (QLN23)

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News & Headlines for [[ item.sessionDateDisplayLong ]]
Lean Hogs calendar spread and a Copper calendar spread

Lean Hogs have been grinding higher since mid-August, corrected, and have now broken through the top of the pennant. However, there is additional overhead resistance to fight through.  Given the overbought...

Dollar Falls Sharply on Dovish US PCE Inflation Report

The dollar index (DXY00 ) on Friday edged to a new 2-year high but then fell back and ended the day down -0.72%. The dollar was undercut by the US PCE deflator report, which was dovish for Fed policy...

DXY00 : 107.743 (+0.11%)
GCG25 : 2,638.7 (-0.24%)
SIH25 : 30.125 (+0.56%)
^USDJPY : 156.446 (+0.02%)
^EURUSD : 1.04362 (+0.07%)
Dollar Falls on Dovish US PCE Inflation Report

The dollar index (DXY00 ) today edged to a new 2-year high but then fell back and is currently down -0.32%. The dollar was undercut by the US PCE deflator report, which was dovish for Fed policy and caused...

DXY00 : 107.743 (+0.11%)
^USDJPY : 156.446 (+0.02%)
^EURUSD : 1.04362 (+0.07%)
Precious Metals Edge Higher! - Can The Rally Hold?

Precious metals edge higher overnight! Can the rally hold? Phil Streible dives into the trends and key levels in today’s Metals Minute—tune in!

Is Silver Headed to the Figurative Glue Factory?

The hybrid silver market, part precious metal part industrial metal, continues to come under pressure to close out the year.

SIH25 : 30.125 (+0.56%)
SIY00 : 29.6240 (+0.42%)
Dollar Climbs on Reduced Fed Rate Cut Expectations

The dollar index (DXY00 ) Thursday rose by +0.36% and posted a 2-year high. The dollar recovered from early losses Thursday and moved higher on better-than-expected US economic news. The dollar also had...

DXY00 : 107.743 (+0.11%)
GCG25 : 2,638.7 (-0.24%)
SIH25 : 30.125 (+0.56%)
^USDJPY : 156.446 (+0.02%)
^EURUSD : 1.04362 (+0.07%)
Is Consolidation in Silver Bullish?

Silver futures traded to the highest price since October 2012, reaching $35.07 per ounce in October 2024. While silver has pulled back, the price remains over the $30 level in late 2024 and could be on...

SIH25 : 30.125 (+0.56%)
GCG25 : 2,638.7 (-0.24%)
^BTCUSD : 94,067.39 (-2.64%)
Bargain Hunters Step into the Precious Metals Overnight

Bargain hunters take action overnight! Phil Streible breaks down the key levels in today’s Metals Minute. Don’t miss it!

How Gold Became One of the World's Favorite Assets

For the past 50 years, Gold futures have served as the global benchmark for gold pricing.

Dollar Jumps to a 2-Year High on a Hawkish Fed

The dollar index (DXY00 ) Wednesday rose by +1.04% and posted a 2-year high. The dollar rallied Wednesday after the FOMC signaled only 50 bp of interest rate cuts next year, down from a September projection...

DXY00 : 107.743 (+0.11%)
GCG25 : 2,638.7 (-0.24%)
SIH25 : 30.125 (+0.56%)
^USDJPY : 156.446 (+0.02%)
^EURUSD : 1.04362 (+0.07%)

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Dollar Falls Sharply on Dovish US PCE Inflation Report
The dollar index (DXY00 ) on Friday edged to a new 2-year high but then fell back and ended the day down -0.72%. The dollar was undercut by the US PCE deflator report, which was dovish for Fed policy and caused weaker US interest rate differentials with the 10-year T-note... Read more
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