Loading…
The Canadian dollar strengthened slightly against the US dollar on Monday, trading 0.2% higher at 1.3912 per US dollar. Exporters locked in currency rates after recent US dollar gains, and speculators took profits on short loonie bets.
Oil settled 3.45% lower at $63.45 a barrel.
A firmer loonie makes Canadian grain, canola and meal slightly more expensive for foreign buyers, while weaker oil lowers energy-linked costs. The move is small and mainly a routine currency wrap for feed buyers.
ca.finance.yahoo.comFergal SmithSep 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.
