# Canadian dollar hits 11-day high as investors shake off GDP data | Reuters

> The Canadian dollar gained 0.4% against the US dollar to touch an 11-day high near 1.3626 on Feb 27. The move came despite Canada's fourth-quarter GDP contracting 0.6% on an annualized basis, as broad US dollar weakness offset the weak data.

- Date: 2026-02-27 · published 2026-02-27T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/20822-canadian-dollar-hits-11-day-high-as-investors-shake-off-gdp-data-reuters
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A firmer loonie makes Canadian-origin feed inputs and canola products cheaper for US buyers and slightly raises the cost of exports priced in USD, a minor factor for feed prices.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/canadian-dollar-hits-11-day-high-investors-shake-off-gdp-data-2026-02-27/

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