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Canadian Dollar Jun '23 (D6M23)

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Canadian Dollar Futures Market News and Commentary

Dollar Moves Higher on Latest Oil Price Spike

The dollar index (DXY00) today is up +0.27%. 

The dollar is seeing support from today's upward spike in oil prices to the $100 per barrel area, which is hawkish for Fed policy.  Also, higher oil prices are beneficial for the dollar since the US is the world's largest oil-producing country. 

The dollar continued to be undercut by last Friday's weak US economic news, which included the -92,000 decline in US Feb payrolls and the -0.2% m/m decline in US Jan retail sales.

Swaps markets are discounting the odds at 4% for a -25 bp rate cut at the next policy meeting on March 17-18.

The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to raise rates by at least +25 bp in 2026. 

EUR/USD (^EURUSD) today is down -0.45%.  The euro is being undercut by the dollar's strength.  Also, the latest surge in oil prices is negative fo... Read more

Contract Specifications

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Contract
Canadian Dollar
Contract Size
CAD 100,000
Tick Size
0.00005 points ($5.00 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 2:00p.m.) CST
Exchange
CME
Point Value
$100,000
Margin/Maintenance
$1,100/1,000
First Notice Date
06/20/23
Expiration Date
06/20/23 (expired)

Seasonal Chart

Canadian Dollar Jun '23
Average Price Chart for 5 Prior Jun Contracts

Commitment of Traders Positions as of Mar 3, 2026

View Chart Details
Commercials - Long / Short
101,029 (+6,955)
125,085 (+751)
Non-Commercials - Long / Short
94,008 (+1,196)
72,958 (+7,724)
Dealers / Intermediary - Long / Short
39,154 (+4,449)
75,066 (-6,975)
Asset / Manager - Long / Short
104,490 (-210)
42,908 (+1,334)
Leveraged Funds - Long / Short
24,944 (+64)
66,315 (+7,334)
Other Reportables - Long / Short
13,781 (-1,848)
1,086 (+1,086)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.73265 +3.02%
on 05/26/23
0.75885 -0.54%
on 06/16/23
+0.01400 (+1.89%)
since 05/19/23
3-Month
0.72540 +4.05%
on 03/24/23
0.75885 -0.54%
on 06/16/23
+0.02175 (+2.97%)
since 03/20/23
52-Week
0.71850 +5.05%
on 10/13/22
0.78625 -4.01%
on 08/11/22
-0.01385 (-1.80%)
since 06/17/22

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Most Recent Stories

More News
Dollar Moves Higher on Latest Oil Price Spike

The dollar index (DXY00 ) today is up +0.27%. The dollar is seeing support from today's upward spike in oil prices to the $100 per barrel area, which is hawkish for Fed policy. Also, higher oil prices...

DXY00 : 98.986s (-0.33%)
GCJ26 : 5,102.2 (-1.10%)
SIK26 : 84.540 (+0.27%)
^USDJPY : 158.303 (+0.32%)
^EURUSD : 1.15838 (-0.29%)
As the Dollar and Energy Prices Spike on Continued Iran War, Make This 1 Trade Now

June Euro currency futures present a selling opportunity on more price weakness.

$DXY : 98.99 (-0.33%)
E6M26 : 1.16375 (-0.15%)
Dollar Pressured by a Weak US Payroll Report

The dollar index (DXY00 ) on Friday fell by -0.35%. The dollar was under pressure on Friday from a weaker-than-expected US Feb payroll report. Also, a decline in US Jan retail sales added to negative...

DXY00 : 98.986s (-0.33%)
GCJ26 : 5,102.2 (-1.10%)
SIK26 : 84.540 (+0.27%)
^USDJPY : 158.303 (+0.32%)
^EURUSD : 1.15838 (-0.29%)
Dollar Falls on the Weaker-Than-Expected US Payroll Report

The dollar index (DXY00 ) today is down by -0.20%. The dollar is under pressure today from a weaker-than-expected US Feb payroll report. Also, a decline in US Jan retail sales added to negative sentiment...

DXY00 : 98.986s (-0.33%)
GCJ26 : 5,102.2 (-1.10%)
SIK26 : 84.540 (+0.27%)
^USDJPY : 158.303 (+0.32%)
^EURUSD : 1.15838 (-0.29%)
GBPNZD Tumbles After Key Technical Break, Traders Eye Deeper Downside

GBPNZD is reversing quite sharply to the downside. Price has overlapped the 2.27 level and also broke through the lower line of the base channel, which confirms that we are likely in a wave three selloff....

Dollar Rallies as Iran War Boosts Crude Prices and Bond Yields

The dollar index (DXY00 ) on Thursday rose by +0.43%. The dollar rallied on Thursday as soaring crude prices boosted T-note yields and strengthened the dollar's interest rate differentials. Also, Thursday's...

DXY00 : 98.986s (-0.33%)
GCJ26 : 5,102.2 (-1.10%)
SIK26 : 84.540 (+0.27%)
^USDJPY : 158.303 (+0.32%)
^EURUSD : 1.15838 (-0.29%)
Dollar Rises as Soaring Crude Prices Boost T-Note Yields

The dollar index (DXY00 ) today is up by +0.39%. The dollar is climbing today as soaring crude prices are boosting T-note yields, strengthening the dollar's interest rate differentials. Also, today's...

DXY00 : 98.986s (-0.33%)
GCJ26 : 5,102.2 (-1.10%)
SIK26 : 84.540 (+0.27%)
^USDJPY : 158.303 (+0.32%)
^EURUSD : 1.15838 (-0.29%)
The Pound Is Not Sterling. 1 Trade to Make ASAP Amid Middle East Conflict.

June British pound futures present a selling opportunity on more price weakness.

B6M26 : 1.3385 (-0.01%)
$DOWI : 47,006.25 (-1.04%)
Dollar Undercut as Stocks Rebound

The dollar index (DXY00 ) on Wednesday fell by -0.29%. The dollar was under pressure on Wednesday as stocks rallied on a New York Times report that Iranian operatives made an offer to discuss terms for...

DXY00 : 98.986s (-0.33%)
GCJ26 : 5,102.2 (-1.10%)
SIK26 : 84.540 (+0.27%)
^USDJPY : 158.303 (+0.32%)
^EURUSD : 1.15838 (-0.29%)
Gold, Silver, and The New 2025 High… In The USD Index

Gold and silver plunged in the aftermath of the escalation of the military conflict in the Middle East. What gives?

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 100% Buy with a Strengthening short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

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Key Turning Points

3rd Resistance Point 0.76155
2nd Resistance Point 0.76015
1st Resistance Point 0.75745
Last Price 0.75475s
1st Support Level 0.75335
2nd Support Level 0.75195
3rd Support Level 0.74925

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52-Week High 0.78625
Fibonacci 61.8% 0.76037
Last Price 0.75475s
Fibonacci 50% 0.75238
Fibonacci 38.2% 0.74438
52-Week Low 0.71850

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