# Canadian dollar gains on hotter-than-expected inflation data | Reuters

> 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.

- Date: 2025-10-21 · published 2025-10-21T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/22650-canadian-dollar-gains-on-hotter-than-expected-inflation-data-reuters
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

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.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/canadian-dollar-gains-hotter-than-expected-inflation-data-2025-10-21/

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