
The Canadian dollar was roughly flat at 1.3938 per US dollar on Friday, after posting its largest weekly decline since February. Canada's July GDP grew 0.2%, beating forecasts, while the US dollar rallied on resilient US data.
Oil rose 0.9% to $65.53 a barrel.
A weaker loonie tends to support Canadian export competitiveness for canola and other products, while the broad dollar rally can weigh on US-priced grain. The effect on feed prices is modest.
Not enough comparable past events yet for a historical read.
After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.