investingLive Americas FX news wrap 24 Jun: Dollar rally extends as risk-off mood deepens

最近のFX関連情報ニュース

The U.S. dollar continued its broad-based rally today as traders remained in a risk-off mood, favoring the greenback. Expectations for a Fed that may hike in 2026, along with equity markets which are vulnerable. The commodity and risk on currencies were the biggest losers ( AUD, NZD and CAD), while traditional safe havens like the Japanese yen held in. The USDJPY remains above the rising 100 hour moving average at 161.515, but below the 2024 high price at 161.95. Getting above that level would put the pair at the highest level going back to early 1987.

  • NZDUSD: The New Zealand dollar was the weakest of the majors, falling 0.41% against the greenback, with the pair dropping to 0.5644 as traders continued to favor the dollar amid softer risk sentiment.
  • AUDUSD: The Australian dollar declined 0.30% to 0.6893, extending its recent slide after mixed Australian inflation data and growing concerns over global growth and commodity demand.
  • GBPUSD: Sterling slipped 0.30% to 1.3164, pressured by broad dollar strength and the market's preference for safer assets. Political uncertainty is a drag along with a stronger dollar.
  • EURUSD: The euro fell 0.22% to 1.1356, despite a modest improvement in German business sentiment and continued hawkish comments from ECB officials.
  • USDCAD: The Canadian dollar was one of the better performers, with the U.S. dollar rising only 0.18% to 1.4232. However, they price has been up for six consecutive days, and is up 660 pips over the last 38 trading days.
  • USDJPY: The Japanese yen outperformed its G10 peers, with the dollar rising just 0.13% to 161.78. Safe-haven demand and lower U.S. yields helped cushion the yen despite the broader dollar rally.
  • USDCHF: The Swiss franc was the weakest performer against the dollar, with USDCHF rising 0.32% to 0.8123

Overall, the dollar buying theme remained firmly intact, with the Dollar Index (DXY) holding near multi-year highs.

Major US stock indices close mixed with a Dow industrial average higher while the S&P and the NASDAQ indices continued their weaker bias. Yesterday both of the broader indices fell below - and away from - their 100 and 200 hour moving averages. For the S&P, the 100 hour moving averages at 7444.93. The price is currently around 80 points away from that level as sellers take more control. For the NASDAQ index, its 100 hour moving averages at 26053. With the current price at 25476, there is 580 points between the moving average and the current price.

A look at the closing level shows:

  • Dow industrial average rose 184 points or 0.36% at 51856.18
  • S&P index fell -7.02 points or -0.10% at 7358.43
  • NASDAQ index -110.40 or -0.43% at 25476.64

The small-cap Russell 2000 eked out a small gain of 11.14 points or 0.37% to 2986.63.

After the close, Micron beat on the top and bottom line with EPS coming in at $25.11 versus $20.78 expected. Revenues came in at $41.46 billion versus 35.85 million estimate. Shares are currently up 7.3% at $1124.50. That is still short of the all-time high price from Monday's trade at $1213.56 after declines over the last two trading days..

Gold, silver, crude oil, and Bitcoin are all under heavy pressure today as investors continue to unwind geopolitical and inflation hedges.

  • Gold and silver have fallen to fresh 2026 lows as higher Treasury yields, a stronger U.S. dollar, and expectations for higher-for-longer Fed policy weigh on precious metals. Gold has broken below the key $4,000 level for the first time since November 2025, trading at $3,985.21, down $126 or 3.07%. Silver has been hit even harder, falling below $60 to $56.81, down $4.75 or 7.68%. Easing geopolitical tensions have reduced safe-haven demand, while concerns about slower global growth have added pressure to silver because of its industrial exposure. Technically, both metals remain below key moving averages, keeping the bias tilted to the downside.
  • Crude oil has also seen a dramatic reversal, briefly falling below $70 per barrel for the first time since the start of the Iran war before rebounding modestly. WTI is currently trading near $70, down $3.20 or 4.40%, as traders strip out the geopolitical risk premium that had been built into prices. Improving tanker traffic through the Strait of Hormuz, optimism over a U.S.-Iran peace framework, and expectations for additional Iranian supply have shifted the focus away from supply disruptions and toward softer demand and the potential for an oversupplied market later this year.
  • Bitcoin remains under intense pressure after breaking below the key $60,000 level and falling to a roughly 20-month low of $59,018 before recovering slightly to $59,706. The selloff has been fueled by weaker institutional demand, persistent ETF outflows, and a move away from speculative assets as investors rotate toward equities and AI-related opportunities. Higher yields have also reduced the appeal of non-yielding assets like cryptocurrencies. Technically, the break below $60,000 is a significant blow for the bulls, with traders now eyeing downside targets near $52,500, $49,600, and $39,500.
This article was written by Greg Michalowski at investinglive.com.

提供 MainLink:Investinglive RSS Breaking News Feed

FX初心者には必須 無料のうちにGET!

最近のFX関連情報ニュース

Posted by 管理者