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Canadian Dollar Dec '24 (D6Z24)

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Canadian Dollar Futures Market News and Commentary

Dollar Climbs With T-note Yields

The dollar index (DXY00) Monday rose by +0.19% and posted a 2-week high. The dollar moved higher on Monday on signs of strength in the economy after the Mar S&P Global Services PMI index and Feb Chicago Fed national activity index rose more than expected. Also, higher T-note yields on Monday strengthened the dollar’s interest rate differentials.  The dollar added to its gains Monday afternoon on hawkish comments from Atlanta Fed President Bostic, who said he sees just one 25 bp rate cut by the Fed this year.

Gains in the dollar were limited on Monday after the Mar S&P Global manufacturing PMI unexpectedly contracted.  Also, Monday’s rally in the S&P 500 to a 2-week high curbed liquidity demand for the dollar.  In addition, the dollar is under pressure on reports that US reciprocal tariffs scheduled to be imposed on April 2 would be more targeted than widespread tariffs originally threatened, easing inflation concerns that could allow the Fed to keep cutting interest rates.  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
$1,265/1,150
First Notice Date
12/17/24
Expiration Date
12/17/24 (expired)

Seasonal Chart

Canadian Dollar Dec '24
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Mar 18, 2025

View Chart Details
Commercials - Long / Short
300,798 (+23,847)
153,639 (+32,836)
Non-Commercials - Long / Short
18,089 (-1,108)
154,671 (-6,936)
Dealers / Intermediary - Long / Short
211,949 (-8,896)
20,801 (+3,831)
Asset / Manager - Long / Short
31,120 (+609)
169,724 (-7,879)
Leveraged Funds - Long / Short
10,823 (+3,877)
74,345 (+3,938)
Other Reportables - Long / Short
23,931 (+71)
2,376 (-1,068)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
0.69895 +0.09%
on 12/17/24
0.71850 -2.64%
on 11/25/24
-0.01070 (-1.51%)
since 11/15/24
3-Month
0.69895 +0.09%
on 12/17/24
0.74665 -6.31%
on 09/25/24
-0.03790 (-5.14%)
since 09/17/24
52-Week
0.69895 +0.09%
on 12/17/24
0.76135 -8.12%
on 12/27/23
-0.05205 (-6.93%)
since 12/15/23

More Canadian Dollar Quotes

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Most Recent Stories

More News
Dollar Climbs With T-note Yields

The dollar index (DXY00 ) Monday rose by +0.19% and posted a 2-week high. The dollar moved higher on Monday on signs of strength in the economy after the Mar S&P Global Services PMI index and Feb Chicago...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)
Dollar Posts a 2-Week High as Bond Yields Climb on Economic Strength

The dollar index (DXY00 ) today is up by +0.09% at a 2-week high. The dollar is climbing today on signs of strength in the economy after the Mar S&P Global Services PMI index and Feb Chicago Fed national...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)
Dollar Climbs on Weak Stocks and Hawkish Fed Comments

The dollar index (DXY00 ) Friday rose by +0.21% and posted a 2-week high. The weakness in stocks Friday boosted liquidity demand for the dollar. Hawkish comments Friday from New York Fed President Williams...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)
Weak Stocks and Fed Comments Boost the Dollar

The dollar index (DXY00 ) today is up by +0.14% and climbed to a 2-week high. The weakness in stocks today has boosted liquidity demand for the dollar. Hawkish comments today from New York Fed President...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)
Strong US Economic Reports Boost the Dollar

The dollar index (DXY00 ) Thursday rose by +0.41% and posted a 1-1/2 week high. The dollar rose Thursday on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)
Dollar Gains on Solid US Economic News

The dollar index (DXY00 ) today is up by +0.52%. The dollar is climbing today on concerns that US trade policies will keep inflation elevated and dissuade the Fed from lowering interest rates. The dollar...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)
Dollar Moves Higher as FOMC Keeps Interest Rates Unchanged

The dollar index (DXY00 ) Wednesday rose by +0.25%. The dollar rose moderately on Wednesday after the FOMC kept interest rates unchanged as expected. The dollar also found support after the FOMC raised...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)
Gold's Technical Warning Signs Point to 2011-Style Decline

This is NOT like it was in 2017-2018 - when Trump started his previous presidency.

June British Pound Futures Just Hit a 5-Month High. Here Are the Levels to Watch for a Buying Opportunity.

Currency traders are betting that the U.K. economy will fare better than the U.S. economy.

$DXY : 104.29 (+0.03%)
B6M25 : 1.2920 (-0.04%)
Dollar Moves Higher Ahead of FOMC Results

The dollar index (DXY00 ) today is up by +0.41%. The dollar is moderately higher ahead of the results of today's FOMC meeting, which is expected to show the Fed keeping interest rates unchanged. Also,...

DXY00 : 104.292 (+0.03%)
GCJ25 : 3,017.3 (+0.06%)
SIK25 : 33.545 (+0.28%)
^USDJPY : 150.688 (-0.01%)
^EURUSD : 1.08035 (+0.02%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 100% Sell with a Strongest 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 0.70543
2nd Resistance Point 0.70402
1st Resistance Point 0.70178
Last Price 0.69955s
1st Support Level 0.69813
2nd Support Level 0.69672
3rd Support Level 0.69448

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52-Week High 0.76135
Fibonacci 61.8% 0.73751
Fibonacci 50% 0.73015
Fibonacci 38.2% 0.72279
Last Price 0.69955s
52-Week Low 0.69895

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