# Canadian Dollar and Business Outlook: Loonie steady, crude oil lower

> The Canadian dollar was virtually unchanged at about US$0.7313 on Monday morning. Crude oil was trading lower as investors weighed easing Middle East risk and expected OPEC+ output increases.

- Date: 2025-06-30 · published 2025-06-30T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/24456-canadian-dollar-and-business-outlook-loonie-steady-crude-oil-lower
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Lower crude weighs on biofuel-linked demand for vegetable oils and on ethanol economics, which can soften oilseed and feed by-product prices. Currency moves were minimal.

## Read by commodity

- WTI: bearish ▼
- USDCAD: neutral

## Sources

- producer.com: https://www.producer.com/market_update/canadian-dollar-and-business-outlook-loonie-steady-crude-oil-lower/

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