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The Canadian dollar fell 0.4% to 1.3855 per U.S. dollar on August 19 after Canada's July inflation eased to 1.7%. Core inflation measures also slowed, raising expectations that the Bank of Canada would cut rates.
Oil prices fell 1.1% to $62.71 a barrel.
Expectations of Bank of Canada easing weaken the loonie, which can support Canadian export competitiveness for grains and canola meal. Lower oil also reduces energy-linked input costs for feed production.
tradingview.comAug 19, 2025Not enough comparable past events yet for a historical read.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.
