# Canadian dollar hits 18-month low as France worries boost greenback | Reuters

> 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.

- Date: 2026-10-05 · published 2026-10-05T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/17264-canadian-dollar-hits-18-month-low-as-france-worries-boost-greenback-reuters
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

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.

## Read by commodity

- USDCAD: bullish ▲
- CANMEAL: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/canadian-dollar-hits-18-month-low-france-worries-boost-greenback-2026-10-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.