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USD/CAD fell to around 1.3893, its weakest level since September 25, after the Bank of Canada cut its policy rate by 25bp to 2.25% but signalled the easing cycle may be ending. The loonie rose for a third straight day on the hawkish forward guidance despite the rate cut.
A stronger Canadian dollar on the BoC's signal that easing is over can lift the cost of Canadian exports priced in USD, slightly reducing competitiveness for Canadian canola meal and grain.
fxstreet.comVishal ChaturvediOct 29, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
