Canadian Dollar Mar '26 (D6H26)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) on Friday fell to a 2-week low and finished down by -0.14%. The improving prospects for a US-Iran peace deal sparked a rally in stocks, reducing liquidity demand for the dollar. Also, Friday’s -1% fall in WTI crude oil to a 5-week low lowers inflation expectations and could prompt the Fed to ease monetary policy, a bearish factor for the dollar. Losses in the dollar were limited on Friday after the May MNI Chicago PMI rose more than expected at its strongest pace in 4.25 years. Fed comments on Friday were mixed for the dollar.
The US May MNI Chicago PMI rose +13.5 to 62.7, stronger than expectations of 50.3 and the strongest pace of expansion in 4.25 years.
San Francisco Fed President Mary Daly said Fed interest rate policy is in a good place and that she’s “cautiously optimistic” about the US economy, noting that “there’s no urgency to make an adjustment” to interest rates.
Kansas City Fed President Jeff Schmid said, “With inflation ru... Read more
Barchart · Fri May 29, 2:36PM CDT
The dollar index (DXY00 ) on Friday fell to a 2-week low and finished down by -0.14%. The improving prospects for a US-Iran peace deal sparked a rally...
Barchart · Fri May 29, 9:37AM CDT
The dollar index (DXY00 ) today is up +0.02%. The dollar found some support today after the May MNI Chicago PMI rose more than expected at its strongest...
Wavetraders · Fri May 29, 3:48AM CDT
Aussie is again on the rise after stabilizing at the previous swing support around 0.7100, so it now appears that the drop from the first half of the week...
Wavetraders · Fri May 29, 2:48AM CDT
NZDJPY has broken out of its previously completed wave four triangle, confirming the end of the consolidation phase discussed in the May 12 update. The...
Barchart · Thu May 28, 2:33PM CDT
The dollar index (DXY00 ) on Thursday fell from a 7-week high and finished down -0.18%. The dollar gave up early gains and turned lower today on weaker-than-expected...
Barchart · Thu May 28, 9:35AM CDT
The dollar index (DXY00 ) today fell from a 7-week high and is down -0.13%. The dollar gave up an early advance and turned lower today on weaker-than-expected...
Barchart · Fri May 29, 6:00PM CDT
Visa and Mastercard dominate in payments, but one's stronger financials and dividend growth give it a slight edge.
Barchart · Fri May 29, 4:59PM CDT
Corn futures posted 2 to 9 cent losses across the board on Friday with money coming out at month-end. July fell 16 ½ cents this week. Crude Oil was a...
Barchart · Fri May 29, 4:59PM CDT
Cotton futures were down 10 to 62 points in the front months, with other contracts up 6 to 26 points. July was down 127 points this week, with December...
Barchart · Fri May 29, 4:59PM CDT
Soybeans saw fractional losses in some deferreds, with nearbys down 7 ¾ cents on Friday. July was down 9 ¾ cents this week. The cmdtyView national average...
Barchart · Fri May 29, 4:59PM CDT
The wheat complex fell double digits across most contracts on Friday. Crude Oil was a pressure factor, down $1.14/bbl, money was flowing out ahead of the...
Barchart · Fri May 29, 4:59PM CDT
Lean hog futures were down 80 cents to $2.62 at the close, as June was up just a dime on the week. USDA’s national base hog price was reported at $93.23...
Barchart · Fri May 29, 4:59PM CDT
Live cattle futures were $1.50 to $2.40 lower on Friday, with June down $1.05 this week. Cash trade picked up on Friday to $255-258 across the country....
Barchart · Fri May 29, 4:03PM CDT
AST SpaceMobile stock is sinking after Blue Origin's rocket exploded on the launchpad. But is it worth buying ASTS shares on the pullback?
