# Canadian Dollar gains ground on Greenback weakness

> The Canadian dollar gained modestly against a softer U.S. dollar on August 26, with USD/CAD pushed back below 1.3850. Attention was turning to Canadian Q2 GDP and U.S. PCE inflation data, while President Trump sought to remove Fed governor Lisa Cook.

- Date: 2025-08-26 · published 2025-08-26T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/23557-canadian-dollar-gains-ground-on-greenback-weakness
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Currency swings tied to Fed independence concerns and Canadian data have limited direct effect on feed grain prices. Any persistent dollar weakness would modestly support dollar-priced commodities.

## Read by commodity

- DXY: bearish ▼
- USDCAD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-26 | [Canadian Dollar gains ground on Thursday as Greenback weakens](https://feedsoft.ai/events/24457-canadian-dollar-gains-ground-on-thursday-as-greenback-weakens.md) | -0.9% | -0.6% |
| DXY | 2025-06-26 | [Canadian dollar notches biggest gain in one month as greenback slides](https://feedsoft.ai/events/24452-canadian-dollar-notches-biggest-gain-in-one-month-as-greenback-slides.md) | -0.9% | -0.6% |
| DXY | 2017-01-31 | [Canadian dollar posts a fourth-month high on GDP data, weaker greenback \| Reuters](https://feedsoft.ai/events/73199-canadian-dollar-posts-a-fourth-month-high-on-gdp-data-weaker-greenback-reuters.md) | -0.6% | -0.6% |
| DXY | 2020-07-29 | [Canadian dollar gains as investors sell greenbacks on ‘downbeat’ Fed - The Globe and Mail](https://feedsoft.ai/events/52351-canadian-dollar-gains-as-investors-sell-greenbacks-on-downbeat-fed-the-globe.md) | +0.4% | -0.4% |
| DXY | 2019-04-26 | [Canadian dollar rises as U.S. growth composition weighs on greenback - The Globe and Mail](https://feedsoft.ai/events/59816-canadian-dollar-rises-as-u-s-growth-composition-weighs-on-greenback-the-globe.md) | -0.2% | +0.4% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/canadian-dollar-gains-ground-on-greenback-weakness-202508261841

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