Canadian Dollar Jun '26 (D6M26)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected US economic news, including weekly jobless claims, the Aug Philadelphia Fed business outlook survey, and July leading indicators. Also, Thursday’s +2% jump in WTI crude oil to a 1-month high boosted inflation expectations that may persuade the Fed to tighten monetary policy, a supportive factor for the dollar.
The dollar initially extended Wednesday’s sharp losses on Thursday, driven by negative carryover from Wednesday, when the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Also, dovish comments on Thursday from San Francisco Fed President Mary Daly weighed on the dollar when she said she's "not seeing evidence" of a need for preemptive Fed rate hikes.
US weekly initial unemployment claims unexpectedly fell -6,000 to 206,000, showing a stronger labor market th... Read more
Barchart · Thu Aug 20, 2:36PM CDT
The dollar index (DXY00 ) recovered from a 3-month low on Thursday and finished up +0.08%. Short covering emerged in the dollar on Thursday amid better-than-expected...
Barchart · Thu Aug 20, 9:32AM CDT
The dollar index (DXY00 ) recovered from a 3-month low today and is up +0.05%. Short covering emerged in the dollar today on better-than-expected US economic...
Barchart · Wed Aug 19, 5:52PM CDT
Like a dealer buying his own stash, the Treasury is propping up the market for long-dated bonds – and it won’t end well.
Barchart · Wed Aug 19, 2:50PM CDT
Inside the Treasury Department announcement that temporarily calmed the longer end of the yield curve.
Barchart · Wed Aug 19, 2:36PM CDT
The dollar index (DXY00 ) tumbled to a 2.5-month low on Wednesday and finished down by -0.80%. The dollar retreated on Wednesday after the US Treasury...
Barchart · Wed Aug 19, 9:35AM CDT
The dollar index (DXY00 ) tumbled to a 2.5-month low today and is down by -0.76%. The dollar retreated today after the US Treasury boosted liquidity and...
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