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Canadian Dollar Sep '21 (D6U21)

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Canadian Dollar Futures Market News and Commentary

Stocks Rebound as Consumers Temper Inflation Expectations

The S&P 500 Index ($SPX) (SPY) today is up +0.44%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.24%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.71%. 

US stock indexes today are moderately higher. Some positive corporate news is boosting stocks today.  Deckers Outdoor is up more than +12% after reporting Q4 net sales well above consensus.  Also, Ross Stores is up more than +8% after reporting better-than-expected Q1 EPS and raising its 2025 EPS forecast.  In addition, International Paper is up more than +3% after Bloomberg reported that Suzano SA is in talks with banks on financing a potential bid for the company.

Stocks extended their gains when bond yields gave up an early advance and turned lower as consumers tempered their inflation expectations after the University of Michigan May inflation expectations were revised lower.

On the negative side was today’s US economic news that showed Apr capital goods new orders nondefense ex-aircraft and parts,... 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
09/14/21
Expiration Date
09/14/21 (expired)

Seasonal Chart

Canadian Dollar Sep '21
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of May 14, 2024

View Chart Details
Commercials - Long / Short
147,626 (-764)
69,406 (-7,139)
Non-Commercials - Long / Short
34,286 (+1,341)
114,589 (+12,423)
Dealers / Intermediary - Long / Short
106,492 (+2,258)
3,507 (-5,996)
Asset / Manager - Long / Short
41,790 (+1,798)
105,163 (+5,616)
Leveraged Funds - Long / Short
12,493 (-2,117)
67,398 (+5,853)
Other Reportables - Long / Short
15,269 (-1,173)
2,059 (unch)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.77225 +2.32%
on 08/20/21
0.80035 -1.27%
on 09/03/21
-0.00870 (-1.09%)
since 08/13/21
3-Month
0.77225 +2.32%
on 08/20/21
0.82445 -4.16%
on 06/15/21
-0.03320 (-4.03%)
since 06/14/21
52-Week
0.74620 +5.89%
on 09/25/20
0.83275 -5.12%
on 06/01/21
+0.03100 (+4.08%)
since 09/14/20

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Most Recent Stories

More News
Stocks Rebound as Consumers Temper Inflation Expectations

The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.71%. US stock indexes today are moderately...

$SPX : 5,304.41 (+0.69%)
SPY : 528.79 (+0.54%)
$DOWI : 39,070.05 (+0.01%)
DIA : 390.49 (-0.04%)
$IUXX : 18,818.65 (+1.05%)
QQQ : 457.60 (+0.87%)
ZNM24 : 108-240 (+0.03%)
DECK : 1,022.30 (+13.01%)
ROST : 142.81 (+8.30%)
DELL : 159.85 (+4.09%)
IP : 45.54 (+3.13%)
BAH : 157.77 (+3.55%)
Dollar Slips on Strength in Stocks and the Euro

The dollar index (DXY00 ) today is down by -0.31%. The dollar is under pressure today from strength in stocks, which reduces liquidity demand for the dollar. Also, strength in the euro today is weighing...

DXY00 : 104.719 (-0.37%)
^EURUSD : 1.08498 (+0.32%)
^USDJPY : 156.975 (+0.02%)
GCM24 : 2,336.0 (-0.05%)
SIN24 : 30.540 (+0.28%)
Stocks Climb on Positive Corporate News

The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.36%. US stock indexes today are moderately...

$SPX : 5,304.41 (+0.69%)
SPY : 528.79 (+0.54%)
$DOWI : 39,070.05 (+0.01%)
DIA : 390.49 (-0.04%)
$IUXX : 18,818.65 (+1.05%)
QQQ : 457.60 (+0.87%)
ZNM24 : 108-240 (+0.03%)
ROST : 142.81 (+8.30%)
BAH : 157.77 (+3.55%)
MCHP : 98.58 (+0.45%)
IP : 45.54 (+3.13%)
DELL : 159.85 (+4.09%)
Dollar Recovers and Moves Higher as Bond Yields Climb and Stocks Falter

The dollar index (DXY00 ) Thursday rose by +0.15%. The dollar on Thursday recovered from early losses and rallied to a 1-week high after better-than-expected US economic reports bolstered the outlook...

DXY00 : 104.719 (-0.37%)
^EURUSD : 1.08498 (+0.32%)
^USDJPY : 156.975 (+0.02%)
GCM24 : 2,336.0 (-0.05%)
SIN24 : 30.540 (+0.28%)
Stocks Fall Despite Nvidia's Impressive Quarter

The S&P 500 Index ($SPX ) (SPY ) today is down -0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.53%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.37%. US stock indexes today are...

$SPX : 5,304.41 (+0.69%)
SPY : 528.79 (+0.54%)
$DOWI : 39,070.05 (+0.01%)
DIA : 390.49 (-0.04%)
$IUXX : 18,818.65 (+1.05%)
QQQ : 457.60 (+0.87%)
ZNM24 : 108-240 (+0.03%)
NVDA : 1,053.00 (+1.45%)
ASML : 954.09 (+2.12%)
SMCI : 884.00 (+4.32%)
WDC : 74.85 (+0.93%)
AMAT : 221.02 (+1.41%)
Cable remains in intraday impulse after UK CPI data

Cable remains in intraday impulse after UK CPI data, so potential June cuts are moving to September, which can lift the Pound higher.

Dollar Slightly Weaker on Reduced Liquidity Demand

The dollar index (DXY00 ) today is down by -0.05%. The dollar is under pressure as today’s rally in the S&P 500 to a new record high has reduced liquidity demand for the dollar. Also, strength in the...

DXY00 : 104.719 (-0.37%)
^EURUSD : 1.08498 (+0.32%)
^USDJPY : 156.975 (+0.02%)
GCM24 : 2,336.0 (-0.05%)
SIN24 : 30.540 (+0.28%)
S&P 500 and Nasdaq 100 Post Record Highs on Nvidia’s Blowout Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. US stock indexes today are mixed....

$SPX : 5,304.41 (+0.69%)
SPY : 528.79 (+0.54%)
$DOWI : 39,070.05 (+0.01%)
DIA : 390.49 (-0.04%)
$IUXX : 18,818.65 (+1.05%)
QQQ : 457.60 (+0.87%)
ZNM24 : 108-240 (+0.03%)
NVDA : 1,053.00 (+1.45%)
SMCI : 884.00 (+4.32%)
WDC : 74.85 (+0.93%)
MU : 129.06 (+2.21%)
AMD : 166.31 (+3.67%)
Dollar Posts a 1-Week High and Gold Falls on Hawkish FOMC Minutes

The dollar index (DXY00 ) Wednesday rose by +0.28% and posted a 1-week high. Higher T-note yields Wednesday supported moderate gains in the dollar. Also, the weakness in stocks on Wednesday boosted some...

DXY00 : 104.719 (-0.37%)
^GBPUSD : 1.27377 (+0.31%)
^EURUSD : 1.08498 (+0.32%)
^USDJPY : 156.975 (+0.02%)
GCM24 : 2,336.0 (-0.05%)
SIN24 : 30.540 (+0.28%)
Hedging FX Exposure in Mexican Corn Imports

The Chicago Board of Trade Corn futures contract is the global benchmark for the market, and it is an important tool to hedge US-Mexico corn trade flows.

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 72% Sell with a Weakest short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

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Key Turning Points

3rd Resistance Point 0.79655
2nd Resistance Point 0.79505
1st Resistance Point 0.79260
Last Price 0.79015s
1st Support Level 0.78865
2nd Support Level 0.78715
3rd Support Level 0.78470

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52-Week High 0.83275
Fibonacci 61.8% 0.79969
Last Price 0.79015s
Fibonacci 50% 0.78948
Fibonacci 38.2% 0.77926
52-Week Low 0.74620

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