Loading…
USD/CAD held in the mid-1.4000s as traders weighed mixed signals from Middle East tensions, oil supply worries and the Fed's post-decision moves. Attention turned to upcoming US GDP and PCE inflation data.
Oil prices were supported by supply concerns.
Oil-supported loonie and a firmer dollar on rate-hike expectations create offsetting pressures on Canadian import costs. Direct effects on feed grain prices are small.
fxstreet.comHaresh MenghaniJul 30, 2026Not enough comparable past events yet for a historical read.
After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
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.
