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The Canadian dollar rose to its highest level against the U.S. dollar in over a week, with USD/CAD moving toward 1.3600. The move followed a broad selloff in the greenback as geopolitical tensions eased.
A softer U.S. dollar and firmer loonie shift the cost of North American commodities for foreign buyers and can support dollar-priced grain and oilseed markets. The move is driven by currency flows rather than supply changes.
fxstreet.comJoshua GibsonJun 26, 2025Not enough comparable past events yet for a historical read.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
