# Canadian dollar rebounds from 14-month low after U.S. inflation data - The Globe and Mail

> The Canadian dollar rebounded from a 14-month low of 1.4248 on June 24 after US inflation data showed PCE inflation above 4% for the first time in three years. Oil prices rose and the greenback gave back some of its recent gains. The loonie was trading near 1.4202 per US dollar.

- Date: 2026-06-25 · published 2026-06-25T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/19043-canadian-dollar-rebounds-from-14-month-low-after-u-s-inflation-data-the-globe
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A firmer US dollar against the loonie raises the cost of Canadian-sourced feed inputs for US buyers, but the rebound signals easing pressure. Oil moves also affect the energy-linked currency.

## Read by commodity

- USDCAD: neutral

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/article-canadian-dollar-rebounds-from-14-month-low-after-us-inflation-data/

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