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Canadian Dollar Sep '22 (D6U22)

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Canadian Dollar Futures Market News and Commentary

Reduced Fed Rate Hike Expectations Undercut the Dollar

The dollar index (DXY00) fell to a 2.25-month low on Monday and finished down -0.04%.  The dollar extended last week’s losses on Monday after a raft of weaker-than-expected US economic news dialed back expectations of tighter Fed policy.  The chance of a Fed rate hike next month has dropped to 37% from about 75% in late July.

The dollar is also being undercut by reduced safe-haven demand as President Trump appears to have given up on plans for any new major military attack on Iran for the time being, favoring economic pressure instead.  Treasury Secretary Bessent said last Friday that the administration will soon announce unprecedented economic measures against Iran that "have never been seen in the history of economic isolation of a country." Yet, the military conflict continues as there were reports that Iran attacked two Abu Dhabi oil vessels in the Strait of Hormuz last Thursday night.

Dollar losses were limited on Monday amid some better-than-expected US economic ne... 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
$880/800
First Notice Date
09/20/22
Expiration Date
09/20/22 (expired)

Seasonal Chart

Canadian Dollar Sep '22
Average Price Chart for 5 Prior Sep Contracts

Commitment of Traders Positions as of Aug 11, 2026

View Chart Details
Commercials - Long / Short
299,975 (-5,656)
120,289 (+1,666)
Non-Commercials - Long / Short
12,854 (-660)
186,216 (-6,393)
Dealers / Intermediary - Long / Short
228,200 (-3,293)
35,069 (+4,396)
Asset / Manager - Long / Short
31,274 (-3,927)
135,819 (-696)
Leveraged Funds - Long / Short
26,511 (+1,725)
118,516 (-8,018)
Other Reportables - Long / Short
13,473 (-415)
3,730 (-3)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.74940 +0.01%
on 09/20/22
0.77525 -3.33%
on 08/25/22
-0.01990 (-2.59%)
since 08/19/22
3-Month
0.74940 +0.01%
on 09/20/22
0.78550 -4.59%
on 08/11/22
-0.01830 (-2.38%)
since 06/17/22
52-Week
0.74940 +0.01%
on 09/20/22
0.81020 -7.50%
on 10/20/21
-0.02910 (-3.74%)
since 09/20/21

More Canadian Dollar Quotes

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Most Recent Stories

More News
Reduced Fed Rate Hike Expectations Undercut the Dollar

The dollar index (DXY00 ) fell to a 2.25-month low on Monday and finished down -0.04%. The dollar extended last week’s losses on Monday after a raft of weaker-than-expected US economic news dialed back...

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)
Dollar Slips on Dialed-Back Fed Rate Hike Expectations

The dollar index (DXY00 ) fell to a 2.25-month low today and is down by -0.18%. The dollar extended last week’s losses today after a raft of weaker-than-expected US economic news dialed back expectations...

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)
6J Futures: Japanese Yen Tests the 160 Intervention Line Again

Japanese Yen futures (6J) have spent recent months oscillating between two closely watched daily levels, with 0.00625 (equivalent to 160 on USDJPY) acting as the line the Bank of Japan has twice defended...

Dollar Falls on Weak US Retail Sales and Consumer Sentiment Reports

The dollar index (DXY00 ) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 32% from 35% on Thursday. The dollar's decline was...

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)
Dollar Falls on Weak US Retail Sales and Consumer Sentiment Reports

The dollar index (DXY00 ) is down -0.41% as the weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 29% from 35% on Thursday. The dollar was also undercut...

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)
Cooling Inflation Creates a Buying Opportunity in the Canada Dollar

December Canada dollar futures present a buying opportunity on more price strength.

$DXY : 99.59 (-0.08%)
D6Z26 : 0.72465 (+0.02%)
Dollar Ends Little Changed Despite Dovish US PPI Report

The dollar index (DXY00 ) on Thursday ended the day little changed despite downward pressure from the dovish US PPI report, which lowered the odds of a Fed rate hike in September to 35% from 40% on Wednesday....

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)
Dollar is Undercut by Dovish US PPI Report

The dollar index (DXY00 ) today is down -0.09 (-0.09%) on the dovish US PPI report, which caused the odds for a Fed rate hike in September to drop to 35% from 40% on Wednesday. In addition, the 10-year...

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)
Dollar Ends Higher Despite Dovish US CPI Report

The dollar index (DXY00 ) on Wednesday rose by +0.20 (+0.20%), recovering from early losses tied to the dovish US CPI report and reduced expectations for a Fed rate hike. The dollar rebounded higher as...

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)
Dollar Slips on Dovish US CPI Report

The dollar index (DXY00 ) is down -0.08% as expectations for a Fed rate hike eased on today’s favorable CPI report. The dollar was also undercut by today’s -2.1 bp decline in the 10-year T-note yield,...

DXY00 : 99.589 (-0.08%)
GCZ26 : 4,471.7 (+0.78%)
SIU26 : 65.895 (+1.21%)
^USDJPY : 159.475 (+0.11%)
^EURUSD : 1.15783 (+0.07%)

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.

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Key Turning Points

3rd Resistance Point 0.76035
2nd Resistance Point 0.75815
1st Resistance Point 0.75380
Last Price 0.74945s
1st Support Level 0.74725
2nd Support Level 0.74505
3rd Support Level 0.74070

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52-Week High 0.81020
Fibonacci 61.8% 0.78697
Fibonacci 50% 0.77980
Fibonacci 38.2% 0.77263
Last Price 0.74945s
52-Week Low 0.74940

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