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Canadian Dollar Dec '18 (D6Z18)

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Canadian Dollar Futures Market News and Commentary

Dollar Pressured by Strength in Stocks and Lower Crude Prices

The dollar index (DXY00) is down by -0.06% today.  The dollar is under pressure today as hopes for a deal to reopen the Strait of Hormuz have boosted stocks and knocked crude oil prices sharply lower.  The slide in crude oil prices lowers inflation expectations and could prompt the Fed to loosen monetary policy, a negative factor for the dollar.  Today's weaker-than-expected US economic reports on June JOLTS job openings and June factory orders are also weighing on the dollar.  

The US June trade deficit was -$73.3 billion, slightly larger than expectations of -$73.0 billion.

US June factory orders unexpectedly fell -0.3% m/m, weaker than expectations of +0.2% m/m.  Also, June factory orders ex-transportation unexpectedly fell -0.4% m/m versus expectations of +0.4% m/m and the biggest decline in 14 months.

US June JOLTS job openings fell -178,000 to 7.359 million, showing a weaker labor market than expectations of 7.454 million.

The markets are discounting a... 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
$880/800
First Notice Date
12/18/18
Expiration Date
12/18/18 (expired)

Seasonal Chart

Canadian Dollar Dec '18
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Jul 28, 2026

View Chart Details
Commercials - Long / Short
310,521 (+8,722)
121,500 (+6,702)
Non-Commercials - Long / Short
22,500 (-4,507)
198,810 (-2,645)
Dealers / Intermediary - Long / Short
236,930 (+9,508)
31,423 (+1,414)
Asset / Manager - Long / Short
41,277 (-1,215)
142,437 (+1,780)
Leveraged Funds - Long / Short
26,391 (-5,224)
128,886 (-1,106)
Other Reportables - Long / Short
14,544 (-517)
3,685 (+306)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.74390 +0.21%
on 12/06/18
0.76130 -2.08%
on 11/19/18
-0.01455 (-1.91%)
since 11/16/18
3-Month
0.74390 +0.21%
on 12/06/18
0.78355 -4.86%
on 10/01/18
-0.02615 (-3.39%)
since 09/18/18
52-Week
0.74390 +0.21%
on 12/06/18
0.81765 -8.83%
on 02/01/18
-0.03505 (-4.49%)
since 12/18/17

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Most Recent Stories

More News
Dollar Pressured by Strength in Stocks and Lower Crude Prices

The dollar index (DXY00 ) is down by -0.06% today. The dollar is under pressure today as hopes for a deal to reopen the Strait of Hormuz have boosted stocks and knocked crude oil prices sharply lower....

DXY00 : 99.925 (+0.03%)
GCZ26 : 4,135.8 (+1.11%)
SIU26 : 59.620 (+3.05%)
^USDJPY : 157.601 (+0.27%)
^EURUSD : 1.15202 (+0.10%)
Dollar Recovers on Strong ISM Manufacturing Index

The dollar index (DXY00 ) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions in the Middle East boosted stocks and reduced safe-haven...

DXY00 : 99.925 (+0.03%)
GCZ26 : 4,135.8 (+1.11%)
SIU26 : 59.620 (+3.05%)
^USDJPY : 157.601 (+0.27%)
^EURUSD : 1.15202 (+0.10%)
Dollar Pressured by Strong Stocks and Easing Geopolitical Risks

The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing safe-haven demand for the dollar. Also, today's...

DXY00 : 99.925 (+0.03%)
GCZ26 : 4,135.8 (+1.11%)
SIU26 : 59.620 (+3.05%)
^USDJPY : 157.601 (+0.27%)
^EURUSD : 1.15202 (+0.10%)
The US Just Intervened in Japan’s Markets. Why Treasury Secretary Scott Bessent Says the Yen Crisis Might Not Be Over – ‘We Will Not Hesitate’

Behind the joint yen rescue operation, from FIMA to euros, and what it means for the Treasury market, the carry trade, and more.

MS : 217.77 (+3.10%)
GS : 1,064.80 (+3.67%)
Buy the Australian Dollar Here

December Australian dollar futures present a buying opportunity on more price strength.

A6Z26 : 0.70255 (+0.59%)
How Did Markets Start the New Month?

It was another Monday morning of more of the same, with a little spice added in, just to change things up a bit.

ZCZ26 : 466-0 (-1.38%)
ZSX26 : 1175-2 (-1.43%)
MWU26 : 6.8625 (-1.26%)
USDJPY Plunges After BoJ Intervention Signals, Major Top May Be in Place, But Corrective Recovery May Follow

USDJPY has reversed aggressively from the 164 area, breaking key technical supports and signaling that a larger trend change may be underway. While a short-term recovery is possible, the broader structure...

Dollar Finds Support on Higher T-Note Yields

The dollar index (DXY00 ) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened the dollar’s interest rate differentials....

DXY00 : 99.925 (+0.03%)
GCZ26 : 4,135.8 (+1.11%)
SIU26 : 59.620 (+3.05%)
^USDJPY : 157.601 (+0.27%)
^EURUSD : 1.15202 (+0.10%)
A Situational Awareness Selloff, a Fed Inflation Blunder and Everything Else Moving Stocks, Bonds, and the U.S. Dollar Now

Let’s break down this week’s events in the stock, bond, and currency markets, and I’ll include my bias on price direction for each in the coming weeks.

$DXY : 99.93 (+0.03%)
ZNU26 : 108-240 (+0.30%)
$NASX : 26,330.13 (+1.61%)
ESU26 : 7,709.50 (+1.07%)
$SPX : 7,680.48 (+1.05%)
ZBU26 : 109-20 (+0.49%)
DXU26 : 99.795 (+0.01%)
NQU26 : 29,551.50 (+2.28%)
As the U.S. Continues to Fight Inflation, Make This 1 Bullish Trade Now

December Euro currency futures present a buying opportunity on more price strength.

E6Z26 : 1.15860 (+0.10%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 96% Sell with a Strongest short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

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Key Turning Points

3rd Resistance Point N/A
2nd Resistance Point 0.74762
1st Resistance Point 0.74653
Last Price 0.74545s
1st Support Level 0.74453
2nd Support Level 0.74362
3rd Support Level N/A

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52-Week High 0.81765
Fibonacci 61.8% 0.78948
Fibonacci 50% 0.78078
Fibonacci 38.2% 0.77207
Last Price 0.74545s
52-Week Low 0.74390

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