Canadian Dollar May '18 (D6K18)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) on Thursday fell by -0.10%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down by more than -3% on Thursday and lowered inflation expectations, which might persuade the Fed to ease monetary policy, a negative factor for the dollar. Also, Thursday's US economic news, showing a bigger-than-expected increase in weekly jobless claims and a larger-than-expected downward revision to Q1 nonfarm productivity, is bearish for the dollar.Â
US weekly initial unemployment claims rose +13,000 to a 3.75-month high of 225,000, showing a weaker labor market than expectations of 215,000.
US Q1 nonfarm productivity was revised downward to 0.3% from the previously reported 0.8%, weaker than expectations of 0.4%. Q1 unit labor costs were unexpectedly revised downward to 1.8% from 2.3%, weaker than expectations of an upward revision to 2.4%.
Late Wednesday, the US said Israel and Lebanon agreed to a ceasefire if Hezbo... Read more
Barchart · Thu Jun 4, 2:34PM CDT
The dollar index (DXY00 ) on Thursday fell by -0.10%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down by...
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Barchart · Thu Jun 4, 9:35AM CDT
The dollar index (DXY00 ) today is down by -0.26%. The announcement of a ceasefire between Israel and Lebanon knocked WTI crude oil prices down more than...
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Barchart · Wed Jun 3, 2:35PM CDT
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Barchart · Wed Jun 3, 9:39AM CDT
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Barchart · Thu Jun 4, 5:18PM CDT
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The wheat complex extended the weakness on Thursday, with losses across the three markets. Chicago SRW futures fell 5 1/2 to 7 1/2 cents on Thursday. KC...
Barchart · Thu Jun 4, 5:18PM CDT
Soybeans fell 20 to 27 cents across most contracts on Thursday, as product values added some pressure. The cmdtyView national average Cash Bean price...
Barchart · Thu Jun 4, 5:18PM CDT
Cotton futures closed the Thursday session with most contracts 136 to 216 points lower on the day. The US dollar index was down $0.080 at $99.425. Crude...
