Canadian Dollar May '19 (D6K19)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) fell to a 2.25-month low today and is down by -0.18%. The dollar extended last week’s losses today after a raft of weaker-than-expected US economic news dialed back expectations of tighter Fed policy. The chance of a Fed rate hike next month has dropped to 31% from about 75% in late July.
The dollar is also being undercut by reduced safe-haven demand as President Trump appears to have given up on plans for any new major military attack on Iran for the time being, favoring economic pressure instead. Treasury Secretary Bessent said last Friday that the administration will soon announce unprecedented economic measures against Iran that "have never been seen in the history of economic isolation of a country." Yet, the military conflict continues as there were reports that Iran attacked two Abu Dhabi oil vessels in the Strait of Hormuz on Thursday night.
Dollar losses are limited today on some better-than-expected US economic news. The Aug Empire... Read more
Barchart · 1 hour ago
The dollar index (DXY00 ) fell to a 2.25-month low today and is down by -0.18%. The dollar extended last week’s losses today after a raft of weaker-than-expected...
EdgeClear · Mon Aug 17, 7:52AM CDT
Japanese Yen futures (6J) have spent recent months oscillating between two closely watched daily levels, with 0.00625 (equivalent to 160 on USDJPY) acting...
Barchart · Fri Aug 14, 2:56PM CDT
The dollar index (DXY00 ) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to...
Barchart · Fri Aug 14, 9:49AM CDT
The dollar index (DXY00 ) is down -0.41% as the weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 29%...
Barchart · Fri Aug 14, 8:57AM CDT
December Canada dollar futures present a buying opportunity on more price strength.
Barchart · Thu Aug 13, 3:10PM CDT
The dollar index (DXY00 ) on Thursday ended the day little changed despite downward pressure from the dovish US PPI report, which lowered the odds of a...
Barchart · 3 minutes ago
Fortinet (FTNT) demonstrates strong momentum, with a 98% gain over the past year. FTNT is projected to grow revenue 19.41% this year and 10.97% next year,...
Barchart · 4 minutes ago
Arch Capital has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects.
Barchart · 6 minutes ago
Texas Pacific Land has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.
Barchart · 11 minutes ago
Entergy has underperformed the broader market over the past year, but analysts are highly optimistic about the stock’s prospects.
Barchart · 14 minutes ago
Becton, Dickinson and Company has underperformed the broader market over the past year, but analysts are moderately optimistic about the stock’s prospects....
Barchart · 20 minutes ago
September arabica coffee (KCU26 ) is up +11.80 (+3.49 %) today, and September ICE robusta coffee (RMU26 ) is up +95 (+2.62%). Coffee prices are sharply...
Barchart · 21 minutes ago
Rocket Lab delivered record growth and a record backlog before Neutron has even flown, showing the company has become more than a bet on its next big rocket....
Barchart · 30 minutes ago
September WTI crude oil (CLU26) today is down -0.03 (-0.03%), and September RBOB gasoline (RBU26) is up +0.0219 (+0.69%). Crude oil and gasoline prices...