# Canadian dollar gains as exporters lock in rates at favorable levels

> 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.

- Date: 2025-09-29 · published 2025-09-29T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/23118-canadian-dollar-gains-as-exporters-lock-in-rates-at-favorable-levels
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

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.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- ca.finance.yahoo.com: https://ca.finance.yahoo.com/news/canadian-dollar-gains-exporters-lock-185247401.html

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