Canadian Dollar Mar '28 (D6H28)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) fell by -0.32% on Tuesday.  The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 17% from 43% on Monday, further weighing on the dollar. Â
The dollar recovered from its worst level after Fed Chair Warsh said the US economy is resilient and growing at a solid pace.  Also, escalating hostilities in the Middle East are boosting safe-haven demand for the dollar after US forces launched another round of strikes against Iran today and the UAE said Iran attacked two oil tankers in Omani waters. In addition, Tuesday's +1% jump in crude oil prices to a 1-month high raises inflation expectations and could prompt the Fed to tighten monetary policy, a supportive factor for the dollar.Â
US Jun CPI eased to +3.5% y/y from +4.2% y/y in May, a slower pace of increase than expectations... Read more
Barchart · Tue Jul 14, 2:32PM CDT
The dollar index (DXY00 ) fell by -0.32% on Tuesday. The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor...
Barchart · Tue Jul 14, 9:33AM CDT
The dollar index (DXY00 ) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor...
Barchart · Mon Jul 13, 2:32PM CDT
The dollar index (DXY00 ) rose by +0.29% on Monday. The dollar found support Monday on some safe-haven demand from escalating hostilities in the Middle...
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Barchart · Mon Jul 13, 9:34AM CDT
The dollar index (DXY00 ) today is up by +0.15%. The dollar has found support today on some safe-haven demand from escalating hostilities in the Middle...
Barchart · Fri Jul 10, 2:33PM CDT
The dollar index (DXY00 ) recovered from a 1-week low on Friday and finished up by +0.07%. The fragile and uncertain situation in the Middle East is supporting...
Barchart · 23 minutes ago
Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Cash trade has yet to get kicked off this week,...
Barchart · 23 minutes ago
Cotton futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up $1.69 on the...
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