Canadian Dollar May '19 (D6K19)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) rallied to a 6-week high on Thursday and finished up by +0.13%.  Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz boosted safe-haven demand for the dollar today after Reuters reported that Iran's Supreme Leader said enriched uranium must stay in Iran. The dollar added to its gains on Thursday after the US May manufacturing PMI expanded at its strongest pace in four years. In addition, hawkish comments from Chicago Fed President Austan Goolsbee boosted the dollar when he said he was worried about inflation.
The dollar fell back from its best level on Thursday after reports that the US and Iran were close to a peace deal sent WTI crude oil prices sharply lower after initially rallying early on Thursday. Lower crude prices weaken inflation expectations and could prompt the Fed to loosen monetary policy, a bearish factor for the dollar. In addition, Thursday's stock rebound curbed liquidity demand for the dollar.Â
Thursday'... Read more
Barchart · Thu May 21, 2:38PM CDT
The dollar index (DXY00 ) rallied to a 6-week high on Thursday and finished up by +0.13%. Doubts over a US-Iran peace deal that would reopen the Strait...
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Barchart · Thu May 21, 9:36AM CDT
The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz...
Wavetraders · Thu May 21, 2:42AM CDT
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Barchart · Wed May 20, 2:38PM CDT
The dollar index (DXY00 ) fell from a 6-week high on Wednesday and finished down by -0.24%. The dollar gave up an early advance on Wednesday and moved...
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Lean hog futures were under pressure on Thursday, with contracts down 60 cents to $2.15. USDA’s national base hog price was reported at $93.58 on Thursday...
Barchart · 39 minutes ago
Soybeans posted Thursday losses of 1 ¼ to 6 ¾ cents across the board at the close. The cmdtyView national average Cash Bean price was down 6 1/2 cents...
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The wheat complex was under pressure across the three exchanges on Thursday. Chicago SRW futures were 5 to 13 cents in the red on the day. KC HRW futures...
Barchart · Thu May 21, 3:35PM CDT
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