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Canadian Dollar Dec '18 (D6Z18)

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Canadian Dollar Futures Market News and Commentary

Dollar Sinks as Iran Says Hormuz is Open

The dollar index (DXY00) today fell to a 7-week low and is down by -0.45%.  The dollar is under pressure today in hopes that an end to the war in Iran is near, curbing safe-haven demand for the dollar.  Also, today's rally in stocks has reduced liquidity demand for the dollar. In addition, today's 10% plunge in WTI crude oil eases inflation expectations, which is dovish for Fed policy and negative for the dollar.

Axios reported that the US and Iran are negotiating over a three-page plan to end the war, with one element under discussion being that the US would release $20 billion in frozen Iranian assets in return for Iran giving up its stockpile of enriched uranium.  Talks between the US and Iran are expected to continue in Pakistan on Sunday.

Swaps markets are discounting the odds at 1% for a +25 bp rate hike at the April 28-29 FOMC meeting.

The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interes... 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
12/18/18
Expiration Date
12/18/18 (expired)

Seasonal Chart

Canadian Dollar Dec '18
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Apr 7, 2026

View Chart Details
Commercials - Long / Short
139,988 (+18,761)
81,950 (-5,291)
Non-Commercials - Long / Short
60,714 (+4,293)
116,362 (+27,257)
Dealers / Intermediary - Long / Short
82,871 (+18,768)
32,290 (-3,867)
Asset / Manager - Long / Short
65,759 (+1,010)
81,656 (+21,255)
Leveraged Funds - Long / Short
31,961 (+3,636)
76,105 (+4,870)
Other Reportables - Long / Short
14,361 (-334)
2,511 (-266)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.74390 +0.21%
on 12/06/18
0.76130 -2.08%
on 11/19/18
-0.01455 (-1.91%)
since 11/16/18
3-Month
0.74390 +0.21%
on 12/06/18
0.78355 -4.86%
on 10/01/18
-0.02615 (-3.39%)
since 09/18/18
52-Week
0.74390 +0.21%
on 12/06/18
0.81765 -8.83%
on 02/01/18
-0.03505 (-4.49%)
since 12/18/17

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Most Recent Stories

More News
Is the U.S. Dollar Index Heading for Lower Lows?

The dollar index, which measures the U.S. dollar against other major reserve currencies, has been in a bearish trend since 2022. However, since 2008, the index has made higher lows and higher highs, while...

$DXY : 97.93 (-0.29%)
UUP : 27.29 (-0.29%)
UDN : 18.37 (+0.22%)
Dollar Sinks as Iran Says Hormuz is Open

The dollar index (DXY00 ) today fell to a 7-week low and is down by -0.45%. The dollar is under pressure today in hopes that an end to the war in Iran is near, curbing safe-haven demand for the dollar....

DXY00 : 97.934 (-0.29%)
GCM26 : 4,887.4 (+1.65%)
SIK26 : 82.335 (+4.61%)
^USDJPY : 158.022 (-0.71%)
^EURUSD : 1.18003 (+0.15%)
Dollar Strengthens as T-note Yields Move Higher

The dollar index (DXY00 ) on Thursday rose by +0.17%. The dollar recovered from a 6-week low on Thursday and moved higher as better-than-expected US economic news pushed T-note yields higher, strengthening...

DXY00 : 97.934 (-0.29%)
GCM26 : 4,887.4 (+1.65%)
SIK26 : 82.335 (+4.61%)
^USDJPY : 158.022 (-0.71%)
^EURUSD : 1.18003 (+0.15%)
Dollar Gains on Solid US Economic News and Hawkish Wiliams

The dollar index (DXY00 ) today is up by +0.17%. The dollar recovered from a 6-week low today and is moving higher on better-than-expected US economic news. Weekly jobless claims fell more than expected,...

DXY00 : 97.934 (-0.29%)
GCM26 : 4,887.4 (+1.65%)
SIK26 : 82.335 (+4.61%)
^USDJPY : 158.022 (-0.71%)
^EURUSD : 1.18003 (+0.15%)
Dollar-CAD Weakens After Technical Breakdown

USDCAD is moving lower from the 1.3930 resistance and has also broken below the trendline support from the March lows, which suggests a reversal is underway. The decline looks like it is unfolding in impulsive...

Dollar Eases as S&P 500 Posts a Record High

The dollar index (DXY00 ) on Wednesday fell by -0.07%. The dollar fell slightly on Wednesday after the S&P 500 rallied to a new all-time high, reducing liquidity demand for the dollar. Also, geopolitical...

DXY00 : 97.934 (-0.29%)
GCM26 : 4,887.4 (+1.65%)
SIK26 : 82.335 (+4.61%)
^USDJPY : 158.022 (-0.71%)
^EURUSD : 1.18003 (+0.15%)
Hedge Funds Are Shorting the U.S. Dollar So Make This 1 Trade Now

June British pound futures present a buying opportunity on more price strength.

$DXY : 97.93 (-0.29%)
B6M26 : 1.3555 (+0.18%)
B6M26 : 1.3555 (+0.18%)
Dollar Little Changed Awaiting News on US-Iran Peace Talks

The dollar index (DXY00 ) today is up by +0.02%. The dollar is little changed today, awaiting fresh news on US-Iran peace talks. The dollar found some support today from hawkish comments from Cleveland...

DXY00 : 97.934 (-0.29%)
GCM26 : 4,887.4 (+1.65%)
SIK26 : 82.335 (+4.61%)
^USDJPY : 158.022 (-0.71%)
^EURUSD : 1.18003 (+0.15%)
Dollar Pressured by Sliding Bond Yields and Rising Stocks

The dollar index (DXY00 ) fell by -0.26% on Tuesday and posted a 6-week low. The dollar came under pressure on Tuesday amid easing geopolitical concerns that knocked bond yields lower and sparked a rally...

DXY00 : 97.934 (-0.29%)
GCM26 : 4,887.4 (+1.65%)
SIK26 : 82.335 (+4.61%)
^USDJPY : 158.022 (-0.71%)
^EURUSD : 1.18003 (+0.15%)
Dollar Retreats on US-Iran Peace Optimism and Below-Estimate PPI Report

The dollar index (DXY00 ) today fell to a 6-week low and is down by -0.33%. The dollar is under pressure today amid easing geopolitical concerns after Reuters reported that the US and Iran are considering...

DXY00 : 97.934 (-0.29%)
GCM26 : 4,887.4 (+1.65%)
SIK26 : 82.335 (+4.61%)
^USDJPY : 158.022 (-0.71%)
^EURUSD : 1.18003 (+0.15%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 96% 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 N/A
2nd Resistance Point 0.74762
1st Resistance Point 0.74653
Last Price 0.74545s
1st Support Level 0.74453
2nd Support Level 0.74362
3rd Support Level N/A

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52-Week High 0.81765
Fibonacci 61.8% 0.78948
Fibonacci 50% 0.78078
Fibonacci 38.2% 0.77207
Last Price 0.74545s
52-Week Low 0.74390

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