# Canadian Dollar Week-Ahead Forecast: USD/CAD Falls As Crude Oil Surges Higher

> The USD/CAD pair closed Feb 27 at about 1.3649, down 0.21%, as WTI crude rose above $82 per barrel to multi-week highs. Investors priced in a higher chance of Fed rate cuts later in the year, which weighed on the dollar.

- Date: 2026-02-28 · published 2026-02-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/20828-canadian-dollar-week-ahead-forecast-usd-cad-falls-as-crude-oil-surges-higher
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Higher crude supports the loonie through Canada's terms of trade, and firmer energy costs feed into diesel and fertilizer costs for feed producers.

## Read by commodity

- WTI: bullish ▲
- USDCAD: bearish ▼

## Sources

- exchangerates.org.uk: https://www.exchangerates.org.uk/news/45365/2026-02-28-canadian-dollar-week-ahead-forecast-usd-cad-falls-crude-oil-surges-higher.html

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