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Canadian Dollar Aug '23 (D6Q23)

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Canadian Dollar Futures Market News and Commentary

Dollar Boosted by US Economic Strength and Hawkish Fed Comments

The dollar index (DXY00) rose by +0.27% on Thursday.  The dollar rallied on Thursday as better-than-expected US economic reports signaled economic strength and lifted T-note yields. Weekly jobless claims unexpectedly fell to a 10-week low, Jun retail sales rose as expected, and the Jul Philadelphia Fed business outlook survey jumped to a 4.5-year high.  Also, Thursday's stock weakness boosted liquidity demand for the dollar.  The dollar rose to its high on Thursday amid hawkish comments from Kansas City Fed President Jeff Schmid and Dallas Fed President Lorie Logan, who said they favored tighter Fed policy to bring down inflation.

US weekly initial unemployment claims unexpectedly fell -8,000 to a 10-week low of 208,000, showing a stronger labor market than expectations of an increase to 217,000.

US Jun retail sales rose +0.2% m/m, right on expectations.  However, Jun retail sales ex-autos fell -0.2% m/m, weaker than expectations of -0.1% m/m.

The US Jul Philadelph... 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
$990/900
First Notice Date
08/15/23
Expiration Date
08/15/23 (expired)

Seasonal Chart

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

Commitment of Traders Positions as of Jul 7, 2026

View Chart Details
Commercials - Long / Short
292,643 (+20,394)
110,647 (-2,275)
Non-Commercials - Long / Short
31,566 (-6,423)
204,692 (+15,897)
Dealers / Intermediary - Long / Short
221,959 (+21,674)
30,220 (-2,823)
Asset / Manager - Long / Short
40,162 (-10,479)
148,505 (+16,620)
Leveraged Funds - Long / Short
38,249 (+1,793)
124,206 (-351)
Other Reportables - Long / Short
14,014 (+1,112)
2,583 (+305)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.74075 +0.13%
on 08/15/23
0.76240 -2.72%
on 07/20/23
-0.01560 (-2.06%)
since 07/14/23
3-Month
0.73375 +1.08%
on 05/26/23
0.76400 -2.92%
on 07/14/23
-0.00220 (-0.30%)
since 05/15/23

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Most Recent Stories

More News
Dollar Boosted by US Economic Strength and Hawkish Fed Comments

The dollar index (DXY00 ) rose by +0.27% on Thursday. The dollar rallied on Thursday as better-than-expected US economic reports signaled economic strength and lifted T-note yields. Weekly jobless claims...

DXY00 : 100.818 (+0.05%)
GCQ26 : 3,999.7 (+0.19%)
SIU26 : 55.695 (-0.88%)
^USDJPY : 162.417 (+0.03%)
^EURUSD : 1.14323 (-0.09%)
Dollar Boosted by Better-Than-Expected US Economic News

The dollar index (DXY00 ) is up by +0.18% today. The dollar is moving higher today as better-than-expected US economic reports signal economic strength. Weekly jobless claims unexpectedly fell to a 10-week...

DXY00 : 100.818 (+0.05%)
GCQ26 : 3,999.7 (+0.19%)
SIU26 : 55.695 (-0.88%)
^USDJPY : 162.417 (+0.03%)
^EURUSD : 1.14323 (-0.09%)
Euro Futures (6E): Consolidation Range Faces a Key Test as Fed and ECB Policies Diverge

The Euro (6E) futures market remains locked in a sideways consolidation range that has held since June 2025, bounded roughly between 1.187 and 1.15, as traders weigh a diverging policy path between the...

Waiting For A Trigger, Ready To Slide

Make the most of it.

NZDJPY Eyes Bullish Wave (5) as Corrective Pullback Looks Completed

NZDJPY may be completing a corrective wave (4) pullback within a larger bullish impulse. A recovery in wave (5) could target the 96–97 area initially, with potential for an extension toward 99.00.

Dollar Falls with Bond Yields on Favorable US Producer Prices

The dollar index (DXY00 ) fell to a 3.5-week low on Wednesday and finished down by -0.46% today. The dollar retreated on Wednesday with T-note yields after US June producer prices rose less than expected,...

DXY00 : 100.818 (+0.05%)
GCQ26 : 3,999.7 (+0.19%)
SIU26 : 55.695 (-0.88%)
^USDJPY : 162.417 (+0.03%)
^EURUSD : 1.14323 (-0.09%)
Dollar Slips as Favorable PPI Reduces Fed Rate Hike Chances

The dollar index (DXY00 ) is down by -0.12% today. The dollar is under pressure today after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report...

DXY00 : 100.818 (+0.05%)
GCQ26 : 3,999.7 (+0.19%)
SIU26 : 55.695 (-0.88%)
^USDJPY : 162.417 (+0.03%)
^EURUSD : 1.14323 (-0.09%)
As the Dollar Weakens, Make This 1 Trade Here

September British pound futures present a buying opportunity on more price strength.

$DXY : 100.82 (+0.06%)
B6U26 : 1.3434 (-0.27%)
B6U26 : 1.3434 (-0.27%)
USDCHF: How To Identify Strong Actionable Pattern

In this article, we want to present how the USDCHF pair has been moving nicely according to our expectations over the last couple of weeks. By following the Elliott Wave structure and identifying key corrective...

Dollar Declines on a Benign US CPI Report

The dollar index (DXY00 ) fell by -0.32% on Tuesday. The dollar retreated on Tuesday after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report...

DXY00 : 100.818 (+0.05%)
GCQ26 : 3,999.7 (+0.19%)
SIU26 : 55.695 (-0.88%)
^USDJPY : 162.417 (+0.03%)
^EURUSD : 1.14323 (-0.09%)

Key Turning Points

3rd Resistance Point 0.74680
2nd Resistance Point 0.74540
1st Resistance Point 0.74355
Last Price 0.74170s
1st Support Level 0.74030
2nd Support Level 0.73890
3rd Support Level 0.73705

See More

52-Week High 0.76400
Fibonacci 61.8% 0.75244
Fibonacci 50% 0.74888
Fibonacci 38.2% 0.74531
Last Price 0.74170s
52-Week Low 0.73375

See More

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