Canadian Dollar Jun '27 (D6M27)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) today is up by +0.24%.  Today's better-than-expected US economic news on Mar housing starts and Mar core capital goods new orders is supporting gains in the dollar.  Also, today's +4% jump in crude oil prices increases inflation expectations, a hawkish factor for Fed policy, and a positive factor for the dollar. Movement in the dollar is limited ahead of today's FOMC meeting results, where the Fed is expected to keep interest rates unchanged.Â
Heightened US-Iran tensions are boosting demand for the dollar as a safe-haven. The US and Iran are locked in a battle for control of the Strait of Hormuz, with both sides blocking the waterway to gain leverage during an extended ceasefire. The Wall Street Journal reported that President Trump told his aides to prepare for an extended blockade and that it carries less of a risk for the US than resuming hostilities or walking away from the conflict without securing a deal that curbs Iran's nuclear activities. ... Read more
Barchart · Wed Apr 29, 9:33AM CDT
The dollar index (DXY00 ) today is up by +0.24%. Today's better-than-expected US economic news on Mar housing starts and Mar core capital goods new orders...
Barchart · Tue Apr 28, 2:34PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.15%. Tuesday's stock slump boosted liquidity demand for the dollar. Also, higher crude oil prices on Tuesday...
Barchart · Tue Apr 28, 11:56AM CDT
With Emirati energy infrastructure taking hits from the Iran war, Treasury Secretary Bessent tries to stave off the ‘petroyuan’ era.
Wavetraders · Tue Apr 28, 9:41AM CDT
USDJPY pulled back to support near 159 after rebounding from April lows and is now stabilizing. The outlook still favors another move higher, with potential...
Barchart · Tue Apr 28, 9:36AM CDT
The dollar index (DXY00 ) today is up by +0.23%. Today's stock slump is boosting liquidity demand for the dollar. Also, higher crude oil prices today...
Barchart · Tue Apr 28, 8:39AM CDT
September Canada dollar futures present a buying opportunity on more price strength.
Barchart · 1 minute ago
July arabica coffee (KCN26 ) on Wednesday closed unchanged, and July ICE robusta coffee (RMN26 ) closed down -39 (-1.12%). Coffee prices settled mixed...
Barchart · 2 minutes ago
Robinhood stock sinks on disappointing Q1 earnings. But Bernstein makes the case for buying the post-earnings dip in HOOD shares today.
Barchart · 6 minutes ago
Micron's stock got a fresh street-high target from DA Davidson.
Barchart · 23 minutes ago
Seagate stock is likely to sustain its upward trajectory driven by strong demand, a solid product portfolio, and improved pricing.
Barchart · 25 minutes ago
The market's reaction to Microsoft’s OpenAI reset looks overstated relative to the fundamentals.
Barchart · 34 minutes ago
Hamilton Beach Brands reached a new 52-week high in Tuesday’s trading, while Tractor Supply fell to a new 52-week low. The better investment choice may...
Barchart · 39 minutes ago
SoFi shares sink as muted future outlook weighs on the firm’s blockbuster Q1 results. But long-term investors should consider buying the dip in SOFI...
Barchart · 41 minutes ago
The upcoming Q3 earnings report is another stock upside catalyst for Western Digital.
