Canadian Dollar Mar '28 (D6H28)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) on Friday fell to a 7-week low and finished down by -0.15%.  The dollar came under pressure Friday in hopes that an end to the war in Iran is near, curbing safe-haven demand for the dollar. Also, Friday's rally in stocks has reduced liquidity demand for the dollar. In addition, Friday's 11% plunge in WTI crude oil eases inflation expectations, which is dovish for Fed policy and negative for the dollar.
The dollar recovered from its worst level on Friday after San Francisco Fed President Mary Daly's comments sparked short covering, signaling she favors keeping Fed policy steady. She said the oil shock in the US is stronger on the inflation side than on growth, and leaving policy unchanged would still restrain inflation.
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 st... Read more
Barchart · Fri Apr 17, 2:33PM CDT
The dollar index (DXY00 ) on Friday fell to a 7-week low and finished down by -0.15%. The dollar came under pressure Friday in hopes that an end to the...
Barchart · Fri Apr 17, 10:08AM CDT
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...
Barchart · Fri Apr 17, 9:33AM CDT
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...
Barchart · Thu Apr 16, 2:37PM CDT
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...
Barchart · Thu Apr 16, 9:40AM CDT
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...
Barchart · Sun Apr 19, 2:18PM CDT
Dine Brands has already rallied on activist pressure, but with Applebee’s and IHOP still trading below their strategic value, private equity could be...
Barchart · Sun Apr 19, 12:10PM CDT
Charles River Laboratories will release its first-quarter earnings next month, and analysts anticipate a double-digit profit dip.
Barchart · Sun Apr 19, 12:06PM CDT
Walt Disney will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · Sun Apr 19, 12:01PM CDT
Hubbell will release its first-quarter earnings later this month, and analysts anticipate a low double-digit bottom-line growth.
Barchart · Sun Apr 19, 12:00PM CDT
Markets face an interesting week following conflicting signals about Strait of Hormuz access as Iran's Foreign Minister announced Friday the waterway was...
Barchart · Sun Apr 19, 11:58AM CDT
IDEX Corporation will release its first-quarter earnings later this month, and analysts anticipate a low single-digit bottom-line growth.
Barchart · Sun Apr 19, 11:53AM CDT
Vistra will release its first-quarter earnings next month, and analysts anticipate a triple-digit bottom-line growth.
Barchart · Sun Apr 19, 10:00AM CDT
Does this AI-driven push by NetApp make the stock a buy now, or start thinking about taking profits?
