# Canadian Dollar Loses Ground After GDP Data

> The Canadian dollar slipped past C$1.40 per US dollar after a weak GDP report showed an August contraction of 0.3%, the largest monthly drop since December 2022. Markets raised the odds of another Bank of Canada cut, while Fed Chair Powell's warning against a guaranteed December cut supported the US dollar.

- Date: 2025-10-31 · published 2025-10-31T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/22648-canadian-dollar-loses-ground-after-gdp-data
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Weaker Canadian growth and rising odds of further BoC easing point to a softer loonie, which can make Canadian-origin grain and oilseed exports more competitive and tighten the link between currency moves and Canadian feed prices.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- tradingeconomics.com: https://tradingeconomics.com/canada/currency/news/498183

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