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The Canadian dollar fell to an 18-month low against the US dollar on October 5 after weak Canadian services PMI data and broad US dollar strength tied to concerns over France's budget deficit. The loonie traded at 1.4257 per US dollar.
A weaker loonie lowers the US-dollar price of Canadian canola and other exports, which can pressure global oilseed meal prices, though the move is mostly driven by European currency developments.
reuters.comFergal SmithOct 5, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
