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The Canadian dollar fell to its lowest level since early 2025, trading just above 70 US cents, down from above 74 cents in January. The slide reflects strong demand for US dollars and a hawkish turn at the Federal Reserve.
Analysts say the move is part of a broader selloff against major global currencies.
A stronger US dollar and weaker loonie raise the cost of US inputs for Canadian buyers while making Canadian exports cheaper abroad. This shifts trade flows and oilseed pricing across North America.
theglobeandmail.comSophia BertuzziJun 24, 2026Not enough comparable past events yet for a historical read.
Not 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.
