Canadian Dollar Sep '24 (D6U24)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) fell from a 1-month high on Tuesday, finishing down -0.14%. The dollar gave up an early advance on Tuesday and moved lower on an unexpected decline in July consumer confidence. Also, Tuesday’s -4% plunge in WTI crude oil to a 1-week low has lowered inflation expectations that could prompt the Fed to pursue easier monetary policy, a negative factor for the dollar. In addition, lower T-note yields on Tuesday weakened the dollar’s interest rate differentials.
Losses in the dollar were limited amid some mild short covering ahead of the 2-day FOMC meeting that began on Tuesday. The dollar is also supported by some safe-haven demand amid heightened tensions in the Middle East. Â
The US May S&P composite-20 home price index rose +1.6% y/y, stronger than expectations of +1.3% y/y and the largest increase in 10 months.
The Conference Board US Jul consumer confidence index unexpectedly fell by -1.4 to 90.8, weaker than expectations of an increas... Read more
Barchart · Tue Jul 28, 2:34PM CDT
The dollar index (DXY00 ) fell from a 1-month high on Tuesday, finishing down -0.14%. The dollar gave up an early advance on Tuesday and moved lower on...
Barchart · Tue Jul 28, 9:35AM CDT
The dollar index (DXY00 ) fell from a 1-month high today and is down by -0.04%. The dollar gave up an early advance today and moved slightly lower on...
Barchart · Mon Jul 27, 9:37AM CDT
The dollar index (DXY00 ) is down by -0.02% today. The dollar index is under slight pressure as an easing of tensions in the Middle East has curbed safe-haven...
Barchart · Fri Jul 24, 2:48PM CDT
The dollar index (DXY00 ) on Friday ended the day little changed. The dollar index was undercut as oil prices fell back by about -3%. Also, the 10-year...
Barchart · Fri Jul 24, 9:56AM CDT
The dollar index (DXY00 ) today is unchanged. The dollar index is being undercut today as oil prices fell back by about -3%. Also, the 10-year T-note...
Barchart · Thu Jul 23, 2:41PM CDT
The dollar index (DXY00 ) on Thursday rose by +0.35%. The dollar found support from strong US interest rate differentials, as the 10-year T-note yield...
Barchart · Tue Jul 28, 6:30PM CDT
Citigroup announced an 11.7% increase in its quarterly dividend to $0.67 per share from $0.60 following its strongest quarterly revenue in about a decade....
Barchart · Tue Jul 28, 5:19PM CDT
Lean hog futures were up 12 cents to $1.45 to close Tuesday. USDA’s national base hog price was reported at $101.00 on Tuesday afternoon, up 31 cents...
Barchart · Tue Jul 28, 5:19PM CDT
The wheat complex faced some weakness on Tuesday, with CBT trying to hold up. Chicago SRW contracts were mixed, with front months fractionally to 2 ½...
Barchart · Tue Jul 28, 5:19PM CDT
Live cattle futures were up $1.22 to $3.80 across most contracts at the Tuesday close. Early bids of $228 were reported which is just slightly lower than...
Barchart · Tue Jul 28, 5:19PM CDT
Corn futures took back much of the Monday weakness, with contracts closing 5 to 6 ¾ cents in the front months and steady to 2 cents higher in the deferreds....
Barchart · Tue Jul 28, 5:19PM CDT
Cotton futures closed with losses of 3 to 45 points across the board on Tuesday, slipping from the midday gains. Crude oil was down another $3.48 per barrel,...
Barchart · Tue Jul 28, 5:19PM CDT
Soybeans posted a modest recovery on Tuesday following sharp Monday losses, with contracts up 2 ½ to 6 ¼ cents. The cmdtyView national average Cash Bean...
Barchart · Tue Jul 28, 3:52PM CDT
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