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Canadian Dollar Dec '17 (D6Z17)

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Canadian Dollar Futures Market News and Commentary

Dollar Gains with Higher T-Note Yields and Yen Weakness

The dollar index (DXY00) on Wednesday rose +0.16%.  The dollar on Wednesday recovered from a 1-1/2 week low and moved moderately higher.  Strength in T-note yields Wednesday boosted the dollar.  Also, weakness in the yen was positive for the dollar as the yen Wednesday fell to a 33-year low against the dollar. 

US Mar capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose +0.2% m/m, right on expectations.

The markets are discounting the chances for a -25 bp rate cut at 3% for the next FOMC meeting on April 30-May 1 and 19% for the following meeting on June 11-12.

EUR/USD (^EURUSD) on Wednesday was unchanged.   The euro on Wednesday fell back from a 1-1/2 week high and finished little changed. Strength in the dollar Wednesday undercut the euro.  Also, divergence between the ECB and Fed is weighing on the euro, with the ECB expected to start cutting interest rates in June while the Fed delays rate cuts until later in the year. 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
$1,100/1,000
First Notice Date
12/18/17
Expiration Date
12/19/17 (expired)

Seasonal Chart

Canadian Dollar Dec '17
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Apr 16, 2024

View Chart Details
Commercials - Long / Short
166,834 (+38,890)
75,262 (+5,658)
Non-Commercials - Long / Short
37,067 (+2,326)
119,882 (+31,756)
Dealers / Intermediary - Long / Short
117,923 (+33,276)
2,437 (-992)
Asset / Manager - Long / Short
43,705 (-1,120)
120,629 (+26,133)
Leveraged Funds - Long / Short
20,106 (+3,793)
65,246 (+13,880)
Other Reportables - Long / Short
15,766 (+5,653)
431 (-1,221)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.77480 +0.14%
on 11/30/17
0.79225 -2.06%
on 12/05/17
-0.00785 (-1.00%)
since 11/17/17
3-Month
0.77450 +0.18%
on 10/27/17
0.82020 -5.40%
on 09/20/17
-0.03940 (-4.83%)
since 09/19/17
52-Week
0.72860 +6.49%
on 05/05/17
0.82930 -6.44%
on 09/08/17
+0.02680 (+3.58%)
since 12/19/16

More Canadian Dollar Quotes

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Most Recent Stories

More News
What's Left in the US Dollar Seasonal Rally?

Despite no signs of deceleration in US growth and geopolitical risk, the US Dollar has rallied 6% off its year-to-date seasonal low. While the European Central Bank (ECB) is considering rate cuts in June,...

Dollar Gains with Higher T-Note Yields and Yen Weakness

The dollar index (DXY00 ) on Wednesday rose +0.16%. The dollar on Wednesday recovered from a 1-1/2 week low and moved moderately higher. Strength in T-note yields Wednesday boosted the dollar. Also,...

DXY00 : 105.823 (+0.14%)
^EURUSD : 1.06968 (-0.02%)
^USDJPY : 155.211 (-0.09%)
GCM24 : 2,330.1 (-0.35%)
SIK24 : 27.215 (-0.48%)
Dollar Climbs with T-Note Yields

The dollar index (DXY00 ) today recovered from an early 1-1/2 week low and is up +0.12%. The dollar is seeing support from higher T-note yields but is being undercut by reduced liquidity demand due to...

DXY00 : 105.823 (+0.14%)
^EURUSD : 1.06968 (-0.02%)
^USDJPY : 155.211 (-0.09%)
GCM24 : 2,330.1 (-0.35%)
SIK24 : 27.215 (-0.48%)
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction

AUDNZD Pair Is Approaching Resistance, While Finishing A Correction from technical perspective and by Elliott wave theory.

Dollar Retreats as Bond Yields Fall and Stocks Rally

The dollar index (DXY00 ) Tuesday fell to a 1-week low and finished down by -0.37%. The dollar was under pressure from strength in the euro after Tuesday’s news showed the Eurozone Apr S&P composite...

DXY00 : 105.823 (+0.14%)
^EURUSD : 1.06968 (-0.02%)
^USDJPY : 155.211 (-0.09%)
GCM24 : 2,330.1 (-0.35%)
SIK24 : 27.215 (-0.48%)
Gold Price Slides Even Without Dollar’s Help!

Gold slides once again today, proving that yesterday’s $67 slide was not accidental.

Dollar Falls on Lower Bond Yields and Stronger Stocks

The dollar index (DXY00 ) this morning is down by -0.35% and posted a 1-week low. The dollar is under pressure as the euro strengthened after today’s news that the Eurozone Apr S&P composite PMI expanded...

DXY00 : 105.823 (+0.14%)
^EURUSD : 1.06968 (-0.02%)
^USDJPY : 155.211 (-0.09%)
GCM24 : 2,330.1 (-0.35%)
SIK24 : 27.215 (-0.48%)
Dollar Gives up Early Gains as Stocks Rebound

The dollar index (DXY00 ) on Monday fell slightly by -0.04%. The dollar on Monday gave up an early advance and moved lower after a rally in stocks curbed liquidity demand for the dollar. The dollar initially...

DXY00 : 105.823 (+0.14%)
^EURUSD : 1.06968 (-0.02%)
^USDJPY : 155.211 (-0.09%)
GCM24 : 2,330.1 (-0.35%)
SIK24 : 27.215 (-0.48%)
Dollar Climbs with T-Note Yields

The dollar index (DXY00 ) this morning is up by +0.13%. Higher T-note yields today are giving the dollar a boost. Also, today’s US Mar Chicago Fed national activity index was stronger than expected...

DXY00 : 105.823 (+0.14%)
^EURUSD : 1.06968 (-0.02%)
^USDJPY : 155.211 (-0.09%)
GCM24 : 2,330.1 (-0.35%)
SIK24 : 27.215 (-0.48%)
Dollar Little Changed on Lower Bond Yields and Stock Weakness

The dollar index (DXY00 ) on Friday rose by +0.01%. The dollar on Friday gave up most of an overnight advance and finished little changed. The dollar spiked higher in overnight trade after US officials...

DXY00 : 105.823 (+0.14%)
^EURUSD : 1.06968 (-0.02%)
^USDJPY : 155.211 (-0.09%)
GCM24 : 2,330.1 (-0.35%)
SIK24 : 27.215 (-0.48%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 88% Sell with a Strengthening short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

The market is in highly oversold territory. Beware of a trend reversal.

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Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 0.77900
1st Resistance Point 0.77745
Last Price 0.77590s
1st Support Level 0.77475
2nd Support Level 0.77360
3rd Support Level N/A

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52-Week High 0.82930
Fibonacci 61.8% 0.79083
Fibonacci 50% 0.77895
Last Price 0.77590s
Fibonacci 38.2% 0.76707
52-Week Low 0.72860

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