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Canadian Dollar Dec '21 (D6Z21)

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Canadian Dollar Futures Market News and Commentary

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 said Israel launched a retaliatory air strike against Iran in response to Iran’s rocket and drone attack on Israel last weekend.  However, the dollar fell back from its best levels on signs the damage was minimal, and an Iranian military official downplayed the attack.  Lower T-note yields Friday also weighed on the dollar.   

Liquidity demand for the dollar increased Friday after the S&P 500 tumbled to a 1-3/4 month low.  The dollar is also supported as Fed rate-cut expectations have dropped sharply due to recent strength in US economic news and hawkish Fed comments.  Swap markets are discounting the chance of a Fed rate cut at the June FOMC meeting at 19%, much less than the 66% chance the market had priced in earlier this month.

Hawkish comments on Friday from Chicago... 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
12/14/21
Expiration Date
12/14/21 (expired)

Seasonal Chart

Canadian Dollar Dec '21
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
0.77785 +0.21%
on 12/03/21
0.80045 -2.62%
on 11/16/21
-0.01715 (-2.15%)
since 11/12/21
3-Month
0.77535 +0.53%
on 09/20/21
0.81370 -4.21%
on 10/21/21
-0.00875 (-1.11%)
since 09/14/21
52-Week
0.77225 +0.93%
on 08/20/21
0.83235 -6.36%
on 06/01/21
-0.00480 (-0.61%)
since 12/14/20

More Canadian Dollar Quotes

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Most Recent Stories

More News
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 : 106.154s (unch)
^EURUSD : 1.06566 (+0.12%)
^USDJPY : 154.643 (unch)
GCM24 : 2,413.8s (+0.66%)
SIK24 : 28.844s (+1.63%)
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 : 4,967.23 (-0.88%)
SPY : 495.16 (-0.87%)
$DOWI : 37,986.40 (+0.56%)
DIA : 379.80 (+0.57%)
$IUXX : 17,037.65 (-2.05%)
QQQ : 414.65 (-2.07%)
ZNM24 : 107-290s (+0.19%)
SMCI : 713.65 (-23.14%)
NFLX : 555.04 (-9.09%)
JBL : 118.75 (-8.36%)
NVDA : 762.00 (-10.00%)
AMD : 146.64 (-5.44%)
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 : 106.154s (unch)
^EURUSD : 1.06566 (+0.12%)
^USDJPY : 154.643 (unch)
GCM24 : 2,413.8s (+0.66%)
SIK24 : 28.844s (+1.63%)
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 : 1.06566 (+0.12%)
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 : 164.795 (+0.12%)
Dollar Gains on Higher T-Note Yields

The dollar index (DXY00 ) this morning is up by +0.08%. The dollar today recovered from early losses and moved higher after T-note yields climbed on signs of strength in the US economy after weekly jobless...

DXY00 : 106.154s (unch)
^EURUSD : 1.06566 (+0.12%)
^USDJPY : 154.643 (unch)
GCM24 : 2,413.8s (+0.66%)
SIK24 : 28.844s (+1.63%)
Dollar Falls with T-Note Yields

The dollar index (DXY00 ) on Wednesday fell by -0.28%. The dollar was under pressure Wednesday due to a decline in T-note yields. Also, the euro's strength Wednesday undercut the dollar based on hawkish...

DXY00 : 106.154s (unch)
^EURUSD : 1.06566 (+0.12%)
^USDJPY : 154.643 (unch)
GCM24 : 2,413.8s (+0.66%)
SIK24 : 28.844s (+1.63%)
EURJPY Found Buyers After 3 Waves Pull Back

Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of (EURJPY) , published in members area of the website. As many of you already know, we've...

^EURJPY : 164.795 (+0.12%)
Dollar Slips as Stocks Rebound and Bond Yields Fall

The dollar index (DXY00 ) this morning is down by -0.09%. The dollar is under pressure today due to a rebound in stocks, which reduces liquidity demand for the dollar. Also, a decline in T-note yields...

DXY00 : 106.154s (unch)
^EURUSD : 1.06566 (+0.12%)
^USDJPY : 154.643 (unch)
GCM24 : 2,413.8s (+0.66%)
SIK24 : 28.844s (+1.63%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 80% Sell with a Strongest short term outlook on maintaining the current direction.

Long term indicators mostly agree with the trend.

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Key Turning Points

3rd Resistance Point 0.78342
2nd Resistance Point 0.78238
1st Resistance Point 0.78092
Last Price 0.77945s
1st Support Level 0.77842
2nd Support Level 0.77738
3rd Support Level 0.77592

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52-Week High 0.83235
Fibonacci 61.8% 0.80939
Fibonacci 50% 0.80230
Fibonacci 38.2% 0.79521
Last Price 0.77945s
52-Week Low 0.77225

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