March WTI crude oil (CLH26) on Thursday closed down -1.85 (-2.84%), and March RBOB gasoline (RBH26) closed down -0.0386 (-1.96%). Crude oil and gasoline prices fell sharply on Thursday after the dollar index (DXY00) rallied to a 1.5-week high.  Also, US-Iran tensions eased, weighing on crude prices, after Iran confirmed it would hold talks with the US on Friday.  In addition, today's weaker-than-expected US labor market news was bearish for economic growth prospects and energy demand. More News from Bar ...

The dollar continues to see underlying weakness as the FOMC is expected to cut interest rates by about -50 bp in 2026, while the BOJ is expected to raise rates by another +25 bp in 2026, and the ECB is expected to leave rates unchanged in 2026.The markets are discounting the odds at 12% for a -25 bp rate cut at the next policy meeting on March 17-18.The dollar sank to a 4-year low last Tuesday when President Trump said he’s comfortable with the recent weakness in the dollar. Also, the dollar remains under p ...

EUR/USD (^EURUSD) on Friday gave up an early advance, fell to a 6-week low, and finished down by -0.08%. Friday's dollar strength weighed on the euro. The euro initially moved higher on Friday after ECB Chief Economist Philip Lane said he's comfortable with the ECB's monetary policy settings.The dollar is also under pressure as the Fed boosts liquidity in the financial system, having begun purchasing $40 billion a month in T-bills in mid-December. The dollar is also being undercut by concerns that President ...

The dollar index (DXY00) on Wednesday rose by +0.11%.  The dollar recovered from early losses on Wednesday and moved higher after Dec ISM services index unexpectedly expanded at its fastest pace in 14 months.  The dollar also rose amid increased safe-haven demand after the US seized a Russian-flagged tanker for sanctions violations. The dollar initially moved lower on Wednesday on signs of weakness in the US labor market after the Dec ADP employment report showed private employers added fewer jobs than e ...

February WTI crude oil (CLG26) on Tuesday closed down -0.13 (-0.22%), and February RBOB gasoline (RBG26) closed up +0.0053 (+0.31%). Crude oil and gasoline prices settled mixed on Tuesday.  Crude prices gave up an early advance and turned lower Tuesday after the dollar index (DXY00) climbed to a 1-week high.  Also, Monday evening's release of the weekly EIA inventory report was mainly bearish for crude prices.   Losses in crude were limited amid persistent geopolitical risks from Venezuela, Nigeria, and R ...

The U.S. dollar could see a bit more weakness in 2026, analysts say, continuing its decline after President Donald Trump's tariff plans in April surprised markets. Key Takeaways The dollar weakened as much as 10% this year against a basket of foreign currencies, though it's retraced some of those losses recently and is now down 7% year-to-date. The drop was far from the doomsday "de-dollarization†scenarios that some floated after April—global trade and markets still rely on the U.S. dollar. It did, however, ...

Economic Indicators - The dollar index (DXY00) increased by +0.20% due to short covering ahead of the FOMC meeting, with the dollar gaining after October JOLTS job openings unexpectedly rose to a 5-month high of 7.670 million, indicating a stronger labor market than the expected decline to 7.117 million [1][3] - The markets are pricing in a 90% chance that the FOMC will cut the federal funds target range by 25 basis points at the conclusion of the upcoming FOMC meeting [3] Currency Movements - The euro (EUR/USD) decreased by -0.11% amid the dollar's strength and weaker-than-expected German trade news, with German October exports rising by +0.1% month-over-month, below the expected +0.2%, and imports falling by -1.2% month-over-month, worse than the anticipated -0.5% [4][5] - The yen (USD/JPY) rose by +0.53%, reaching a 2-week low against the dollar, pressured by comments from BOJ Governor Ueda regarding the pace of increase in long-term Japanese bond yields and the potential for increased bond buying by the BOJ [6]

Core Insights - Gold prices experienced a decline on Monday, attributed to a stronger dollar against a basket of major currencies [1] - Silver prices also saw a slight decrease, influenced by the strengthening dollar which negatively impacted market sentiment [1] Group 1 - The strengthening of the dollar is a key factor affecting gold prices [1] - The decline in silver prices is also linked to the dollar's performance [1]

Core Viewpoint - Gold prices remained largely unchanged despite a strengthening dollar against major currencies, indicating a level of resilience in the gold market [1] Price Movement - Gold prices experienced a decline of 1% earlier on Thursday but managed to recover somewhat later in the day [1]

The dollar is regaining its crown as one of the world’s most appealing assets, defying the “Sell America” narrative that took hold earlier this year https://t.co/ke6ZFFVv2v ...