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Canadian Dollar Dec '24 (D6Z24)

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Canadian Dollar Futures Market News and Commentary

Dollar Slightly Higher on US Trade Deal Hopes

The dollar index (DXY00) Thursday finished little changed, up +0.01%.  The dollar found support Thursday due to some optimism about US trade talks after President Trump said US negotiators made “big progress” with Japanese officials on a trade deal and expressed confidence that the US would reach a trade deal with the EU.  The dollar also rose after US weekly jobless claims unexpectedly fell to a 2-month low, a sign of labor market strength, and New York Fed President Williams said the US economy is in a very good place.  Gains in the dollar were limited after Mar housing starts fell more than expected, and the Apr Philadelphia Fed business outlook survey fell to a 2-year low.  Also, strength in stocks curbed liquidity demand for the dollar.

US weekly initial unemployment claims unexpectedly fell -9,000 to a 2-month low of 215,000, showing a stronger labor market than expectations of an increase to 225,000.

US March housing starts fell -11.4% m/m to 1.324 million, weaker... 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
$1,485/1,350
First Notice Date
12/17/24
Expiration Date
12/17/24 (expired)

Seasonal Chart

Canadian Dollar Dec '24
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Apr 8, 2025

View Chart Details
Commercials - Long / Short
218,923 (-14,837)
89,463 (-979)
Non-Commercials - Long / Short
16,029 (-1,577)
135,270 (-12,352)
Dealers / Intermediary - Long / Short
174,083 (-2,208)
18,369 (+8,509)
Asset / Manager - Long / Short
33,043 (+1,453)
128,649 (-25,135)
Leveraged Funds - Long / Short
9,354 (-9,768)
72,188 (+3,645)
Other Reportables - Long / Short
13,457 (-6,200)
512 (-659)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.69895 +0.09%
on 12/17/24
0.71850 -2.64%
on 11/25/24
-0.01070 (-1.51%)
since 11/15/24
3-Month
0.69895 +0.09%
on 12/17/24
0.74665 -6.31%
on 09/25/24
-0.03790 (-5.14%)
since 09/17/24
52-Week
0.69895 +0.09%
on 12/17/24
0.76135 -8.12%
on 12/27/23
-0.05205 (-6.93%)
since 12/15/23

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Most Recent Stories

More News
Dollar Slightly Higher on US Trade Deal Hopes

The dollar index (DXY00 ) Thursday finished little changed, up +0.01%. The dollar found support Thursday due to some optimism about US trade talks after President Trump said US negotiators made “big...

DXY00 : 99.409 (+0.03%)
GCM25 : 3,328.4s (-0.54%)
SIK25 : 32.470s (-1.55%)
^USDJPY : 142.388 (+0.36%)
^EURUSD : 1.13724 (-0.23%)
Dollar Gains on US Trade Deal Hopes

The dollar index (DXY00 ) today is up by +0.09%. The dollar is modestly higher today due to some optimism about US trade talks after President Trump said US negotiators made “big progress” with Japanese...

DXY00 : 99.409 (+0.03%)
GCM25 : 3,328.4s (-0.54%)
SIK25 : 32.470s (-1.55%)
^USDJPY : 142.388 (+0.36%)
^EURUSD : 1.13724 (-0.23%)
Tariff Angst Hammers the Dollar and Boosts Gold to a Record High

The dollar index (DXY00 ) Wednesday fell by -0.92%. The dollar was under pressure Wednesday as the tit-for-tat trade war with China erodes confidence in the dollar after the US government barred Nvidia...

DXY00 : 99.409 (+0.03%)
GCM25 : 3,328.4s (-0.54%)
SIK25 : 32.470s (-1.55%)
^USDJPY : 142.388 (+0.36%)
^EURUSD : 1.13724 (-0.23%)
Dollar Falls and Gold Soars to a Record as US-China Trade War Escalates

The dollar index (DXY00 ) today is down by -0.70%. The dollar is under pressure today as the tit-for-tat trade war with China erodes confidence in the dollar after the US government barred Nvidia from...

DXY00 : 99.409 (+0.03%)
GCM25 : 3,328.4s (-0.54%)
SIK25 : 32.470s (-1.55%)
^USDJPY : 142.388 (+0.36%)
^EURUSD : 1.13724 (-0.23%)
US-China Trade Tensions Are Bullish for June Euro Futures. Here Are the Levels to Watch Before You Buy.

Elevated U.S.-China trade tensions are bearish for the U.S. dollar and bullish for the Euro.

E6M25 : 1.14135s (-0.11%)
Dollar Gains on US Economic News and Hawkish Bostic

The dollar index (DXY00 ) Tuesday rose by +0.53%. The dollar Tuesday rose moderately on better-than-expected US economic news on Apr Empire manufacturing survey general business conditions and the Mar...

DXY00 : 99.409 (+0.03%)
GCM25 : 3,328.4s (-0.54%)
SIK25 : 32.470s (-1.55%)
^USDJPY : 142.388 (+0.36%)
^EURUSD : 1.13724 (-0.23%)
USDollar Is Moving As Anticipated In 2025

USDollar Is Moving As Anticipated in 2025 within an impulsive wave C from technical point of view and from Elliott wave perspective.

Dollar Edges Higher on Strength in US Economic News

The dollar index (DXY00 ) today is up by +0.42%. The dollar today is moderately higher on better-than-expected US economic news on Apr Empire manufacturing survey general business conditions and the Mar...

DXY00 : 99.409 (+0.03%)
GCM25 : 3,328.4s (-0.54%)
SIK25 : 32.470s (-1.55%)
^USDJPY : 142.388 (+0.36%)
^EURUSD : 1.13724 (-0.23%)
Tariff Worries Weigh on the Dollar

The dollar index (DXY00 ) Monday fell by -0.49% and is just above last Friday’s 3-year low. The dollar posted moderate losses Monday as a stock rebound curbed liquidity demand for the dollar. The dollar...

DXY00 : 99.409 (+0.03%)
GCM25 : 3,328.4s (-0.54%)
SIK25 : 32.470s (-1.55%)
^USDJPY : 142.388 (+0.36%)
^EURUSD : 1.13724 (-0.23%)
Elliott Wave Video: Stocks Bounce as Trump Pauses Tariffs

It looks like Trump is stepping back a bit. A constant increase in tariffs simply won't and can't work, and it seems they are now aware of the significant market risks

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 100% Sell with a Strongest short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

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

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Key Turning Points

3rd Resistance Point 0.70543
2nd Resistance Point 0.70402
1st Resistance Point 0.70178
Last Price 0.69955s
1st Support Level 0.69813
2nd Support Level 0.69672
3rd Support Level 0.69448

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52-Week High 0.76135
Fibonacci 61.8% 0.73751
Fibonacci 50% 0.73015
Fibonacci 38.2% 0.72279
Last Price 0.69955s
52-Week Low 0.69895

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