Canadian Dollar Sep '25 (D6U25)
Canadian Dollar Futures Market News and Commentary
The dollar index (DXY00) on Thursday rose by +0.14%. The dollar recovered from early losses on Thursday and moved higher after stocks gave up early gains and turned lower, boosting liquidity demand for the dollar. The dollar also found support on Thursday’s dollar-friendly news on weekly jobless claims, Q1 nonfarm productivity, Q1 unit labor costs, construction spending, and consumer credit. In addition, hawkish comments from Boston Fed President Susan Collins and Cleveland Fed President Beth Hammack were supportive of the dollar when they said they favored keeping interest rates on hold.Â
The dollar initially moved lower on Thursday amid optimism that a peace deal between the US and Iran is imminent, which curbed safe-haven demand for the dollar today. Also, Thursday’s early rally in the S&P 500 to a new record high dampened liquidity demand for the dollar.Â
The markets are awaiting further updates after the US presented a proposal to Iran that would gradually reope... Read more
Barchart · Thu May 7, 2:43PM CDT
The dollar index (DXY00 ) on Thursday rose by +0.14%. The dollar recovered from early losses on Thursday and moved higher after stocks gave up early gains...
Barchart · Thu May 7, 9:34AM CDT
The dollar index (DXY00 ) today is down by -0.14% but remains above Wednesday's 2.5-month low. Optimism that a peace deal between the US and Iran is imminent...
Wavetraders · Thu May 7, 3:01AM CDT
A step-by-step look at how USDMXN completed an ABC corrective recovery, reacted at projected resistance, broke below confirmation support, and transitioned...
Barchart · Wed May 6, 2:37PM CDT
The dollar index (DXY00 ) fell to a 2.5-month low on Wednesday and finished down by -0.45%. Optimism that a peace deal between the US and Iran is imminent...
Barchart · Wed May 6, 9:35AM CDT
The dollar index (DXY00 ) tumbled to a 2.5-month low today and is down by -0.46%. Optimism that a peace deal between the US and Iran is near is weighing...
Barchart · Tue May 5, 2:32PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.09%. The dollar rose slightly on Tuesday after the US March trade deficit was reported to be smaller than...
Barchart · Thu May 7, 9:39PM CDT
While Visa has considerably underperformed the S&P 500 over the past year, Wall Street analysts maintain a highly optimistic outlook about the stock’s...
Barchart · Thu May 7, 8:49PM CDT
Tyson Foods has underperformed the S&P 500 over the past year, yet Wall Street analysts maintain a moderately optimistic outlook about the stock’s prospects....
Barchart · Thu May 7, 6:30PM CDT
The company will now pay a dividend of $0.15 per share every quarter.
Barchart · Thu May 7, 4:46PM CDT
Soybeans bounced off the early session lows on Thursday, with contract closing fractionally to 2 ½ cents lower. The cmdtyView national average Cash Bean...
Barchart · Thu May 7, 4:46PM CDT
The wheat complex remained under pressure on Thursday, with the three markets falling into the close. Chicago SRW futures posted losses of 4 ¼ to 8 cents...
Barchart · Thu May 7, 4:46PM CDT
Live cattle futures closed the Thursday session with contracts down $2.80 to $3.92 despite a failed midday rally off the lows. Cash trade has seen action...
Barchart · Thu May 7, 4:46PM CDT
Corn futures posted some strength off early lows on Thursday, as contracts were steady to a penny lower in most front months. A few deferreds closed fractionally...
Barchart · Thu May 7, 4:46PM CDT
Cotton futures closed the Thursday session with contracts down 22 to 110 points. The US dollar index was $0.275 higher at $98.150. Despite early talk of...
