# Canadian dollar hits nearly seven-week low on wider yield spreads | Reuters

> The Canadian dollar weakened to a nearly seven-week low against the US dollar on Sept 22, trading 0.3% lower at 1.4075 per US dollar. The move came as the gap between US and Canadian yields kept widening despite a more hawkish stance from Bank of Canada Governor Tiff Macklem.

- Date: 2026-09-22 · published 2026-09-22T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/17699-canadian-dollar-hits-nearly-seven-week-low-on-wider-yield-spreads-reuters
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker loonie makes Canadian grain and oilseed exports cheaper for foreign buyers, which can add mild pressure to Canadian feed-ingredient prices. The effect on the feed market is small compared with the US rate outlook.

## Read by commodity

- DXY: bullish ▲
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-16 | [Canadian dollar hits six-week low as investors bet on additional Fed rate hikes \| Reuters](https://feedsoft.ai/events/17700-canadian-dollar-hits-six-week-low-as-investors-bet-on-additional-fed-rate-hikes.md) | +0.6% | +2.6% |
| DXY | 2018-04-24 | [Canadian dollar steadies near three-week low as U.S. 10-year yield hits 3 per cent - The Globe and Mail](https://feedsoft.ai/events/65742-canadian-dollar-steadies-near-three-week-low-as-u-s-10-year-yield-hits-3-per.md) | +0.4% | +2.5% |
| DXY | 2022-04-29 | [Canadian dollar hits 7-week low - Business & Finance - Business Recorder](https://feedsoft.ai/events/42107-canadian-dollar-hits-7-week-low-business-and-finance-business-recorder.md) | -0.1% | -1.1% |
| DXY | 2017-11-29 | [Canadian dollar hits near 4-week low versus firmer US$ - The Business Times](https://feedsoft.ai/events/68198-canadian-dollar-hits-near-4-week-low-versus-firmer-us-the-business-times.md) | +0.2% | +0.5% |
| DXY | 2024-06-26 | [Gold falls to two-week low as higher dollar, yields dent appeal \| Reuters](https://feedsoft.ai/events/29635-gold-falls-to-two-week-low-as-higher-dollar-yields-dent-appeal-reuters.md) | +0.3% | -0.3% |

## Sources

- reuters.com: https://www.reuters.com/business/canadian-dollar-hits-nearly-seven-week-low-wider-yield-spreads-2026-09-22/

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