Loading…
The Canadian dollar fell against the US dollar on Monday, extending losses to about 0.75% over four sessions. Weak crude oil prices near four-month lows and a mixed Raw Material Price Index for August weighed on the loonie.
Traders awaited major US data releases that week.
Lower oil prices weaken the commodity-linked loonie, which can make Canadian exports cheaper abroad. The move is a routine currency wrap with no major new supply or demand driver for feed.
fxstreet.comJoshua GibsonOct 1, 2025Not enough comparable past events yet for a historical read.
Not 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.
