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Forex Market Overview

Thu, May 2nd, 2024
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Dollar Falls with Bond Yields

The dollar index (DXY00 ) on Thursday fell to a 2-1/2 week low and finished down by -0.40%. The dollar was weighed down Thursday by a decline in T-note yields. Also, Thursday’s stock rally reduced...

DXY00 : 105.389s (-0.35%)
^EURUSD : 1.07258 (+0.12%)
^USDJPY : 153.630 (-0.58%)
GCM24 : 2,311.4 (+0.02%)
SIN24 : 26.875 (+0.47%)
The Japanese Yen continuation trade

We present our trade summary for today with theYen

Stocks Higher on Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) is up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.35%. US stock indexes are higher. Optimism...

$SPX : 5,064.20 (+0.91%)
SPY : 505.03 (+0.94%)
$DOWI : 38,225.66 (+0.85%)
DIA : 382.23 (+0.88%)
$IUXX : 17,541.54 (+1.29%)
QQQ : 426.90 (+1.28%)
ZNM24 : 108-075 (+0.12%)
CHRW : 80.93 (+12.26%)
HWM : 77.10 (+15.45%)
QCOM : 180.10 (+9.74%)
BWA : 35.63 (+8.40%)
MRNA : 125.59 (+12.68%)
Dollar Recovers and Gold Falls as T-Note Yields Climb

The dollar index (DXY00 ) this morning is up by +0.12%. The dollar recovered from early losses today and moved higher as T-note yields rose after today’s US economic reports showed weekly jobless claims...

DXY00 : 105.389s (-0.35%)
^EURUSD : 1.07258 (+0.12%)
^USDJPY : 153.630 (-0.58%)
GCM24 : 2,311.4 (+0.02%)
SIN24 : 26.875 (+0.47%)
Stocks Rebound Ahead of Apple’s Earnings

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. US stock indexes this morning...

$SPX : 5,064.20 (+0.91%)
SPY : 505.03 (+0.94%)
$DOWI : 38,225.66 (+0.85%)
DIA : 382.23 (+0.88%)
$IUXX : 17,541.54 (+1.29%)
QQQ : 426.90 (+1.28%)
ZNM24 : 108-075 (+0.12%)
CHRW : 80.93 (+12.26%)
HWM : 77.10 (+15.45%)
QCOM : 180.10 (+9.74%)
MGM : 40.87 (+2.82%)
MRNA : 125.59 (+12.68%)
Catching the wave

We detail the reasons behind our trade with Japanese Yen futures after yesterday's close

^USDJPY : 153.630 (-0.58%)

Forex Market Map

AUD/USD
+0.63%
EUR/USD
+0.11%
EUR/GBP
+0.06%
GBP/USD
+0.05%
USD/CAD
-0.47%
USD/CHF
-0.54%
USD/JPY
-0.55%

Forex Trading Signals

strong buy
strong sell
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Tweets @Barchart

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Apple $AAPL jumping in after hours after reporting earnings. Dividend raised by a penny along with a $110 billion share buyback program. https://t.co/sjEYBLhsuN
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Cloudflare $NET getting punished in after hours https://t.co/DdsiFHVEVj
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Barchart will go live today at 4pm CST directly on X. There is no link, so if you're interested, please watch our feed at that time. We'll be discussing: 1) Has the tide turned for Tesla $TSLA? 2) Bitcoin $BTC falls below 60,000 3) Amazon's $AMZN price action https://t.co/9HfaX588q4
Barchart
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Rug Pull in Cocoa 🚨 https://t.co/vCMSHjo4nr
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Tim Cook during Apple's $AAPL Earnings Call https://t.co/5YQbIGyRZF
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@Barchart
Chinese Stocks rally for an 8th consecutive trading day, their longest winning streak since January 2018 https://t.co/UhF4gxcYAh
Barchart
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Bitcoin $BTC ETFs saw a net outflow of $558 million on Wednesday, the largest outflow since inception 🚨 https://t.co/22n8XFToXv
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@Barchart
Today's 4 Stock Market Movers: $DASH $CVNA $QCOM $QRVO https://t.co/aa1W2y8gWC
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Forex Long Term Trends

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