# USD/CAD climbs to 2-month high as BoC holds rates

> USD/CAD rose to a two-month high near 1.3810 after the Bank of Canada held its rate at 2.75%. The move came alongside strong US economic data and a broad dollar rally.

- Date: 2025-07-30 · published 2025-07-30T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/23975-usd-cad-climbs-to-2-month-high-as-boc-holds-rates
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A firmer US dollar against the loonie can weigh on Canadian oilseed export prices and shift trade flows toward US supply.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/canadian-dollar-extends-losses-as-boc-holds-rates-amid-inflation-concerns-and-trade-risks-202507301420

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