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Canadian Dollar Sep '16 (D6U16)

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Canadian Dollar Futures Market News and Commentary

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 by the most in 11 months. Strength in stocks today has also curbed liquidity demand for the dollar.  The dollar extended its losses after today’s US Apr manufacturing PMI report unexpectedly contracted.

The US Apr S&P manufacturing PMI unexpectedly fell -2.0 to a 4-month low of 49.9 versus expectations of an increase to 52.0.

US Mar new home sales rose +8.8% m/m to a 6-month high of 693,000, stronger than expectations of 668,000.

The US Apr Richmond Fed manufacturing survey rose +4 to -7, stronger than expectations of -8.

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) today rose to a 1-week high and is up by +0.50%.  The eu... 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
09/19/16
Expiration Date
09/20/16 (expired)

Seasonal Chart

Canadian Dollar Sep '16
Average Price Chart for 5 Prior Sep 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
0.75480 +0.09%
on 09/16/16
0.77990 -3.13%
on 09/07/16
-0.02220 (-2.85%)
since 08/19/16
3-Month
0.75460 +0.12%
on 07/27/16
0.78890 -4.23%
on 06/23/16
-0.02590 (-3.31%)
since 06/20/16
52-Week
0.68420 +10.42%
on 01/20/16
0.80180 -5.77%
on 05/03/16
-0.00340 (-0.45%)
since 09/18/15

More Canadian Dollar Quotes

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Most Recent Stories

More News
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 : 105.663 (-0.39%)
^EURUSD : 1.07062 (+0.48%)
^USDJPY : 154.739 (-0.07%)
GCM24 : 2,333.0 (-0.57%)
SIK24 : 27.310 (+0.24%)
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 : 105.663 (-0.39%)
^EURUSD : 1.07062 (+0.48%)
^USDJPY : 154.739 (-0.07%)
GCM24 : 2,333.0 (-0.57%)
SIK24 : 27.310 (+0.24%)
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 : 105.663 (-0.39%)
^EURUSD : 1.07062 (+0.48%)
^USDJPY : 154.739 (-0.07%)
GCM24 : 2,333.0 (-0.57%)
SIK24 : 27.310 (+0.24%)
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 : 105.663 (-0.39%)
^EURUSD : 1.07062 (+0.48%)
^USDJPY : 154.739 (-0.07%)
GCM24 : 2,333.0 (-0.57%)
SIK24 : 27.310 (+0.24%)
Stocks Fall Back on Middle East Tensions and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.92%. US stock indexes this...

$SPX : 5,059.02 (+0.97%)
SPY : 504.86 (+1.03%)
$DOWI : 38,441.69 (+0.53%)
DIA : 384.59 (+0.58%)
$IUXX : 17,424.33 (+1.24%)
QQQ : 424.50 (+1.36%)
ZNM24 : 108-040 (+0.25%)
SMCI : 786.22 (+9.65%)
NFLX : 566.66 (+2.17%)
JBL : 121.16 (+1.70%)
NVDA : 824.62 (+3.70%)
AMD : 152.52 (+2.61%)
Dollar Slips as Bond Yields Fall and Stocks Recover

The dollar index (DXY00 ) this morning is down by -0.17%. The dollar gave up an overnight rally and turned moderately lower. The dollar spiked higher in overnight trade after US officials said Israel...

DXY00 : 105.663 (-0.39%)
^EURUSD : 1.07062 (+0.48%)
^USDJPY : 154.739 (-0.07%)
GCM24 : 2,333.0 (-0.57%)
SIK24 : 27.310 (+0.24%)
USDCHF Remains In Uptrend After Fourth Wave Pullback

USDCHF is in impulsive recovery which can extend further.

Forecast with Elliott Wave Technique Calling EURUSD to Extend Lower

Short term Elliott Wave view in (EURUSD) suggests that cycle from 12.28.2023 high is in progress as a zigzag Elliott Wave structure. Down from 12.28.2023 high, wave A ended at 1.0694 and rally in wave...

^EURUSD : 1.07062 (+0.48%)
Elliott Wave Theory Suggests EURJPY Remains Bullish

Short term Elliott Wave view in (EURJPY) suggests that rally to 165.35 ended wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 162.59 and...

^EURJPY : 165.668 (+0.42%)
Dollar Climbs as T-Note Yields Rise and Stocks Fall

The dollar index (DXY00 ) Thursday rose by +0.16%. The dollar recovered from early losses and moved higher Thursday after T-note yields climbed on signs of strength in the US economy when weekly jobless...

DXY00 : 105.663 (-0.39%)
^EURUSD : 1.07062 (+0.48%)
^USDJPY : 154.739 (-0.07%)
GCM24 : 2,333.0 (-0.57%)
SIK24 : 27.310 (+0.24%)

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.

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 0.75923
1st Resistance Point 0.75737
Last Price 0.75550s
1st Support Level 0.75437
2nd Support Level 0.75323
3rd Support Level N/A

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52-Week High 0.80180
Fibonacci 61.8% 0.75688
Last Price 0.75550s
Fibonacci 50% 0.74300
Fibonacci 38.2% 0.72912
52-Week Low 0.68420

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