◂ Event Timeline

Jul 30, 2025MACROCanada

Canadian Dollar recedes after Fed rate hold

The Canadian dollar fell for a fifth straight session on Wednesday after the Federal Reserve held rates and Chair Powell cut hopes for a September cut. USD/CAD moved back above 1.3800 for the first time since May.

WHY IT MATTERS

Fed caution lifts the US dollar against the loonie, which can weigh on Canadian oilseed and grain export pricing in USD terms.

AFFECTSCanadian Dollar (CAD per USD)▲US Dollar (Broad)▲

SOURCE
octabroker.comJul 30, 2025

Price reaction & history

Canadian Dollar (CAD per USD)▲bullish

Not enough comparable past events yet for a historical read.

US Dollar (Broad)▲bullishSO FAR1d +0.4%5d -0.0%20d -0.4%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

Dec 15, 2016Dollar charges higher after Fed hikes rates+1.6%
Jun 7, 2024Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede+1.4%
Jul 18, 2024Euro falls after ECB holds rates, dollar climbs after data+0.8%
Oct 30, 2025Yen weakens after BOJ holds rates steady, Fed boosts dollar+1.1%
Jan 29, 2025US dollar firms against peers after Fed holds rates steady-0.1%

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.

Canadian Dollar (CAD per USD) USDCAD · GP ▸

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US Dollar (Broad) DXY · GP ▸

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