Canadian Dollar Jun '27 (D6M27)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) fell to a 2-week low on Thursday and finished down by -0.52%.  The dollar tumbled on Thursday after a weaker-than-expected US June payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar was also under pressure on Thursday after WTI crude fell to a 4.25-month low, which lowers inflation expectations and is dovish for Fed policy.  The dollar found some support after weekly jobless claims unexpectedly declined and after May factory orders fell less than expected.
US Jun nonfarm payrolls rose +57,000, weaker than expectations of +113,000, and May nonfarm payrolls were revised lower to +129,000 from the originally reported +172,000. The Jun unemployment rate unexpectedly fell -0.1 to a 1-year low of 4.2%, showing a stronger labor market than expectations of no change at 4.3%.Â
US Jan average hourly earnings rose +0.3% m/m and +3.5% y/y, right on expectations.
US weekly initial unemployment... Read more
Wavetraders · Fri Jul 3, 8:44AM CDT
USDJPY reversed sharply from the 5th-wave target area, likely due to suspected BoJ intervention, opening the door for further downside toward 160–159...
Barchart · Thu Jul 2, 2:32PM CDT
The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US...
Barchart · Thu Jul 2, 9:35AM CDT
The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report,...
Barchart · Thu Jul 2, 6:25AM CDT
There is plenty for the markets to take in this last trading day of the week.
Barchart · Wed Jul 1, 2:34PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.19%. The dollar moved higher on Wednesday as T-note yields rose after Fed Chair Warsh provided no guidance...
Barchart · Wed Jul 1, 9:42AM CDT
The dollar index (DXY00 ) today is up by +0.13%. The dollar is moving higher today amid weakness in the euro after the Eurozone June CPI report showed...
Barchart · 1 hour ago
Baker Hughes is poised to release its second-quarter results later this month, with analysts expecting a double-digit decrease in earnings.
Barchart · 1 hour ago
OpenAI and Anthropic appear uniquely positioned to become the market's next blockbuster listings.
Barchart · 1 hour ago
These five unusually active July 10 out-of-the-money calls are priced below $0.20. Stellantis offers the highest probability of profit at 26.23%, while...
Barchart · 1 hour ago
Universal Health Services will report its Q2 results soon. Here’s what analysts expect out of it…
Barchart · 1 hour ago
Brown & Brown is set to report its Q2 results on July 27.
Barchart · Fri Jul 3, 11:28AM CDT
Silver’s price remains above the 1980 high, a long-term technical resistance level that has become critical support. At around $62 per ounce, silver...
Barchart · Fri Jul 3, 11:09AM CDT
Veralto is expected to report its Q2 results soon. Here’s what analysts think about it before that…
Barchart · Fri Jul 3, 11:00AM CDT
South Korean memory giant SK Hynix is expected to list its American Depositary Receipts (ADRs) in the U.S. under the ticker SKHY. Its debut is tentatively...