Canadian Dollar Sep '23 (D6U23)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) on Tuesday fell by -0.11%.  The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a spike in energy prices that derail the economy. Losses in the dollar were limited after US Feb capital goods new orders nondefense ex-aircraft and parts rose more than expected. Also, Tuesday's stock weakness boosted some liquidity demand for the dollar.Â
The markets are watching for any sign of a breakthrough amid a flurry of diplomacy before President Trump's 8 pm EST deadline Tuesday night. Mr. Trump insists any deal must ensure uninterrupted transit through the Strait of Hormuz or he will destroy Iran's bridges and power plants if no accord is reached. Axios reported that the US conducted strikes on military targets on Kharg Island on Tuesday, and Israel told Iranians to refrain from using their country's railway network. Also, Iran pressed on with attacks across the Persian Gulf, dimming chances for peace.
US Feb... Read more
Wavetraders Wed Apr 8, 5:10AM CDT
Looking at the daily chart, there is still room for further upside, as the market may have already completed a higher degree five wave decline from the...
Barchart Tue Apr 7, 2:32PM CDT
The dollar index (DXY00 ) on Tuesday fell by -0.11%. The dollar was under pressure on Tuesday on concerns that the lingering Iran war could lead to a...
Barchart Tue Apr 7, 9:36AM CDT
The dollar index (DXY00 ) today is down by -0.04%. The dollar is under pressure today on concerns that the lingering Iran war could lead to a spike in...
Barchart Mon Apr 6, 2:37PM CDT
The dollar index (DXY00 ) on Monday fell by -0.04%. The dollar was under pressure on Monday as stocks recovered on hopes for a ceasefire in Iran, curbing...
Barchart Mon Apr 6, 10:45AM CDT
June Canada dollar futures present a selling opportunity on more price weakness.
Barchart Mon Apr 6, 9:33AM CDT
The dollar index (DXY00 ) today is down by -0.15%. The dollar is under pressure today as stocks recover on hopes for a ceasefire in Iran, curbing liquidity...
Barchart 18 minutes ago
Humana is scheduled to release its first-quarter results later this month, with analysts projecting double-digit earnings drop.
Barchart 35 minutes ago
Automatic Data Processing is approaching its third-quarter earnings release in a few weeks, and Wall Street is forecasting a single-digit percentage rise...
Barchart 35 minutes ago
Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn...
Barchart 35 minutes ago
Live cattle futures settled with front month April up 17 cents and other contracts down 50 cents to $1.22. There were no deliveries issued for April on...
Barchart 35 minutes ago
Lean hog futures were up 30 cents in the front month April, with other contracts down 35 to 70 cents. USDA’s national base hog price was reported at...
Barchart 35 minutes ago
Wheat is trading with double digit losses across the three exchanges early on Wednesday. The wheat complex was mixed on Tuesday, with the soft red contracts...
Barchart 35 minutes ago
Cotton price action is down 24 to 48 points on Wednesday morning. Futures closed the session with contracts 28 to 40 points in the red. The US dollar index...
Barchart 35 minutes ago
Soybeans are down 2 to 4 cents early on the midweek session. Futures posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView...
