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The Canadian dollar extended gains after Canadian inflation data came in slightly below expectations, with USD/CAD declining for three consecutive sessions and down about 1% over the period. Bond yields were stable and oil's relationship with the CAD was regaining importance.
Currency strength in the loonie has limited direct effect on feed commodity prices; it mainly shifts the cost of Canadian imports and export competitiveness at the margin.
forex.comJulian Pineda CFA, CMTOct 18, 2026Not 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.
