# Canadian Dollar gains ground on Thursday as Greenback weakens

> 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.

- Date: 2025-06-26 · published 2025-06-26T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/24457-canadian-dollar-gains-ground-on-thursday-as-greenback-weakens
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bearish ▼
- USDCAD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-08-26 | [Canadian Dollar gains ground on Greenback weakness](https://feedsoft.ai/events/23557-canadian-dollar-gains-ground-on-greenback-weakness.md) | +0.2% | -0.7% |
| DXY | 2020-02-28 | [Baht gains more ground, as US dollar weakens](https://feedsoft.ai/events/54839-baht-gains-more-ground-as-us-dollar-weakens.md) | -0.5% | +4.3% |
| 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 | 2023-11-15 | [Ringgit Gains Ground As US Dollar Weakens On Lower-Than-Expected CPI Data](https://feedsoft.ai/events/33435-ringgit-gains-ground-as-us-dollar-weakens-on-lower-than-expected-cpi-data.md) | -0.9% | -0.2% |
| 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-thursday-as-greenback-weakens-202506261922

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