Forex Market Overview
Thu, May 2nd, 2024
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Dollar Falls with Bond Yields
Barchart - Thu May 2, 2:32PM CDT
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...
The Japanese Yen continuation trade
TradeGuidance - Thu May 2, 1:00PM CDT
We present our trade summary for today with theYen
Stocks Higher on Economic Optimism
Barchart - Thu May 2, 10:05AM CDT
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 ($IUXX ) (QQQ ) is up +1.35%. US stock indexes are higher. Optimism...
Dollar Recovers and Gold Falls as T-Note Yields Climb
Barchart - Thu May 2, 9:32AM CDT
The dollar index (DXY00 ) this morning is up by +0.12%. The dollar recovered from early losses today and moved higher as T-note yields rose after today’s US economic reports showed weekly jobless claims...
Stocks Rebound Ahead of Apple’s Earnings
Barchart - Thu May 2, 8:57AM CDT
The S&P 500 Index ($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...
Catching the wave
TradeGuidance - Thu May 2, 7:39AM CDT
We detail the reasons behind our trade with Japanese Yen futures after yesterday's close
