# Canadian Dollar Eases from 16-Month Highs

> The Canadian dollar eased toward 1.355 per US dollar after failing to hold 16-month highs set January 29. Weak Canadian GDP and a January job loss of about 24,800 positions were cited, alongside renewed US dollar demand as strong US labor data lifted Treasury yields.

- Date: 2026-01-30 · published 2026-01-30T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/21284-canadian-dollar-eases-from-16-month-highs
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Currency moves in the loonie affect Canadian feed costs and export pricing, but this is a routine FX move with no direct grain or feed supply change.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- tradingeconomics.com: https://tradingeconomics.com/canada/currency/news/521733

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