# Canadian dollar posts largest weekly decline since February against resurgent US counterpart - The Globe and Mail

> 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.

- Date: 2025-09-26 · published 2025-09-26T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/23119-canadian-dollar-posts-largest-weekly-decline-since-february-against-resurgent
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bullish ▲
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-11-08 | [Canadian dollar hits eight-week low as U.S. Fed affirms rate hike policy - The Globe and Mail](https://feedsoft.ai/events/62276-canadian-dollar-hits-eight-week-low-as-u-s-fed-affirms-rate-hike-policy-the.md) | +1.0% | +1.2% |
| DXY | 2024-01-31 | [Canadian dollar weakens as Fed rate signal offsets GDP gain - The Globe and Mail](https://feedsoft.ai/events/32333-canadian-dollar-weakens-as-fed-rate-signal-offsets-gdp-gain-the-globe-and-mail.md) | +0.3% | +0.4% |
| DXY | 2023-02-15 | [Canadian dollar weakens as U.S. data boosts Fed rate hike prospects - The Globe and Mail](https://feedsoft.ai/events/37578-canadian-dollar-weakens-as-u-s-data-boosts-fed-rate-hike-prospects-the-globe.md) | +0.8% | +1.8% |
| DXY | 2018-04-24 | [Canadian dollar steadies near three-week low as U.S. 10-year yield hits 3 per cent - The Globe and Mail](https://feedsoft.ai/events/65742-canadian-dollar-steadies-near-three-week-low-as-u-s-10-year-yield-hits-3-per.md) | +0.4% | +2.5% |
| DXY | 2018-02-13 | [The pain trade: Why the Canadian dollar is aching - The Globe and Mail](https://feedsoft.ai/events/66726-the-pain-trade-why-the-canadian-dollar-is-aching-the-globe-and-mail.md) | -0.4% | -0.2% |

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/article-canadian-dollar-posts-largest-weekly-decline-since-february-against/

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