# Canadian dollar edges lower on flight to safety | MarketScreener

> The Canadian dollar edged lower on Feb 26 as safe-haven demand for the US dollar offset data showing a narrower Canadian current account deficit. Wall Street fell after Nvidia results failed to lift stocks, and the loonie traded near 1.3685 per USD.

- Date: 2026-02-26 · published 2026-02-26T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/20823-canadian-dollar-edges-lower-on-flight-to-safety-marketscreener
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Safe-haven USD strength tends to pressure dollar-denominated commodities, though the effect on feed prices from this currency move alone is small.

## Read by commodity

- DXY: bullish ▲
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-03-20 | [Grains, oilseeds lower as dollar rises \| MarketScreener](https://feedsoft.ai/events/11694-grains-oilseeds-lower-as-dollar-rises-marketscreener.md) | +0.2% | -1.5% |
| DXY | 2025-02-27 | [Dollar firms on US trade policy anxiety; Nvidia provides little steer for stocks \| MarketScreener](https://feedsoft.ai/events/26337-dollar-firms-on-us-trade-policy-anxiety-nvidia-provides-little-steer-for-stocks.md) | -0.6% | -0.8% |
| DXY | 2026-06-18 | [Pound slides to two-month low as dollar jumps and BoE holds rates \| MarketScreener](https://feedsoft.ai/events/19059-pound-slides-to-two-month-low-as-dollar-jumps-and-boe-holds-rates-marketscreener.md) | +1.4% | +1.0% |
| DXY | 2022-10-31 | [Canadian dollar slips to six-day low as oil prices fall - The Globe and Mail](https://feedsoft.ai/events/39347-canadian-dollar-slips-to-six-day-low-as-oil-prices-fall-the-globe-and-mail.md) | -0.1% | -2.8% |
| DXY | 2026-03-24 | [Gold loses over 1% as dollar firms, Fed cut hopes fade \| MarketScreener UAE Emirates](https://feedsoft.ai/events/20075-gold-loses-over-1-as-dollar-firms-fed-cut-hopes-fade-marketscreener-uae-emirates.md) | +1.1% | -1.4% |

## Sources

- marketscreener.com: https://www.marketscreener.com/news/canadian-dollar-edges-lower-on-flight-to-safety-ce7e5cd9de8ff42c

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