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The Canadian dollar gained against the US dollar on October 21 after domestic data showed annual inflation rising to 2.4% in September, its highest since February and above the 2.3% expected. The loonie traded near 1.4020 per US dollar after hitting a six-month low the prior week.
Narrowing Canada-US yield gaps strengthened the loonie, which can marginally cut the USD cost of Canadian oilseed and grain exports and affect relative prices for Canadian-origin feed ingredients.
reuters.comFergal SmithOct 21, 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.
