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Canadian Dollar Sep '23 (D6U23)

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Canadian Dollar Futures Market News and Commentary

Dollar Gains on Risk Aversion and Weak Stocks

The dollar index (DXY00) on Friday rose by +0.20%.  The dollar climbed Friday after a global IT outage prompted risk aversion in asset markets and sparked some safe-haven buying of the dollar. Also, higher T-note yields Friday were bullish for the dollar.  Gains in the dollar accelerated Friday after the S&P 500 dropped to a 2-1/2 week low, which sparked some liquidity demand for the dollar. 

The markets are discounting the chances for a -25 bp rate cut at 5% for the July 30-31 FOMC meeting and 99% for the following meeting on Sep 17-18.

EUR/USD (^EURUSD) on Friday fell by -0.16%.  The euro on Friday posted moderate losses due to a stronger dollar.  Also, an easing of Eurozone price pressures was dovish for ECB policy and bearish for the euro after the German producer prices in June contracted year-over-year for the twelfth consecutive month.  In addition, dovish comments from ECB Governing Council member Simkus weighed on the euro.

The German June PPI fell -1.6% y... Read more

Contract Specifications

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Contract
Canadian Dollar
Contract Size
CAD 100,000
Tick Size
0.00005 points ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 2:00p.m.) CST
Exchange
CME
Point Value
$100,000
Margin/Maintenance
$1,100/1,000
First Notice Date
09/19/23
Expiration Date
09/19/23 (expired)

Seasonal Chart

Canadian Dollar Sep '23
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Jul 16, 2024

View Chart Details
Commercials - Long / Short
219,027 (+20,859)
81,448 (-3,412)
Non-Commercials - Long / Short
24,734 (+4,471)
157,207 (+25,732)
Dealers / Intermediary - Long / Short
178,474 (+20,887)
3,040 (-6,269)
Asset / Manager - Long / Short
28,600 (-1,034)
139,336 (+23,332)
Leveraged Funds - Long / Short
15,994 (+5,827)
87,584 (+10,492)
Other Reportables - Long / Short
14,099 (-394)
2,101 (-5,279)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.73035 +2.18%
on 09/07/23
0.74710 -0.11%
on 09/19/23
+0.00780 (+1.06%)
since 08/18/23
3-Month
0.73035 +2.18%
on 09/07/23
0.76440 -2.37%
on 07/14/23
-0.01350 (-1.78%)
since 06/16/23
52-Week
0.71955 +3.72%
on 10/13/22
0.76440 -2.37%
on 07/14/23
-0.00945 (-1.25%)
since 09/19/22

More Canadian Dollar Quotes

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Most Recent Stories

More News
Dollar Gains on Risk Aversion and Weak Stocks

The dollar index (DXY00 ) on Friday rose by +0.20%. The dollar climbed Friday after a global IT outage prompted risk aversion in asset markets and sparked some safe-haven buying of the dollar. Also, higher...

DXY00 : 104.245 (-0.14%)
^EURUSD : 1.08865 (+0.03%)
^USDJPY : 156.577 (-0.57%)
GCQ24 : 2,406.4 (+0.30%)
SIU24 : 29.310 (+0.04%)
Sell Alert: Gold’s Breakout Was Just Invalidated

Gold reversed in a clear manner and invalidated its breakout. Buckle up!

Dollar Sees Support from Safe-Haven after a Global IT Outage

The dollar index (DXY00 ) today is up by +0.16%. The dollar is mildly higher today after a global IT outage prompted risk aversion in asset markets and sparked some safe-haven buying of the dollar. Also,...

DXY00 : 104.245 (-0.14%)
^EURUSD : 1.08865 (+0.03%)
^USDJPY : 156.577 (-0.57%)
GCQ24 : 2,406.4 (+0.30%)
SIU24 : 29.310 (+0.04%)
Dollar Climbs as Lagarde Comments Hammer the Euro

The dollar index (DXY00 ) Thursday rose by +0.42% on support from higher T-note yields. Gains in the dollar accelerated after the euro tumbled when ECB President Lagarde said risks to the economic outlook...

DXY00 : 104.245 (-0.14%)
^EURUSD : 1.08865 (+0.03%)
^USDJPY : 156.577 (-0.57%)
GCQ24 : 2,406.4 (+0.30%)
SIU24 : 29.310 (+0.04%)
USDCHF Elliott Wave Analysis Favors Selling Bounces

Hello traders, welcome to a new blog post. Today, we will discuss the future path for the (USDCHF) currency pair. The recent breakout confirmed the bearish bias we shared with members of Elliottwave-Forecast....

^USDCHF : 0.88765 (-0.15%)
Dollar Firms on Higher T-Note Yields and Euro Weakness

The dollar index (DXY00 ) today is up by +0.25% on strength in T-note yields. Gains in the dollar accelerated after the euro fell when ECB President Lagarde said risks to the economic outlook are tilted...

DXY00 : 104.245 (-0.14%)
^EURUSD : 1.08865 (+0.03%)
^USDJPY : 156.577 (-0.57%)
GCQ24 : 2,406.4 (+0.30%)
SIU24 : 29.310 (+0.04%)
USDJPY: Sell Raillies

USDJPY moved to the downside yesterday after Japanese officials stated that they will have no choice but to fight against speculators if the Japanese Yen experiences any further drops.

Dollar Tumbles on Yen Strength and Dovish Beige Book

The dollar index (DXY00 ) Wednesday fell by -0.51% and posted a 3-3/4 month low. The dollar is under pressure after US presidential candidate Trump said the recent strength of the dollar had hurt American...

DXY00 : 104.245 (-0.14%)
^EURUSD : 1.08865 (+0.03%)
^USDJPY : 156.577 (-0.57%)
GCQ24 : 2,406.4 (+0.30%)
SIU24 : 29.310 (+0.04%)
Dollar Index ( DXY ) Elliott Wave Calling the Decline After 3 Waves Bounce

In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index ($DXY) , published in members area of the website. As our members know, Dollar has given us recovery...

$DXY : 104.24 (-0.11%)
Broader Market Slides as Chip Stocks Plunge

The S&P 500 Index ($SPX ) (SPY ) today is down -1.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.29%. Stock indexes today are mixed,...

$SPX : 5,505.00 (-0.71%)
SPY : 548.99 (-0.66%)
$DOWI : 40,287.53 (-0.93%)
DIA : 402.95 (-0.93%)
$IUXX : 19,522.62 (-0.93%)
QQQ : 475.24 (-0.89%)
ZNU24 : 110-280 (+0.04%)
ASML : 895.37 (-3.11%)
AMD : 151.58 (-2.69%)
AMAT : 210.26 (-3.40%)
LRCX : 917.11 (-3.73%)
MRVL : 66.51 (-2.49%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 16% Buy with a Average short term outlook on maintaining the current direction.

The market is in highly overbought territory. Beware of a trend reversal.

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Key Turning Points

3rd Resistance Point 0.75423
2nd Resistance Point 0.75067
1st Resistance Point 0.74848
Last Price 0.74630s
1st Support Level 0.74273
2nd Support Level 0.73917
3rd Support Level 0.73698

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52-Week High 0.76440
Fibonacci 61.8% 0.74727
Last Price 0.74630s
Fibonacci 50% 0.74198
Fibonacci 38.2% 0.73668
52-Week Low 0.71955

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