# Rosenberg Research: The Canadian dollar’s recent surge is nothing but a mirage - The Globe and Mail

> Rosenberg Research argues that the Canadian dollar's rally of about 6% since January reflects broad U.S. dollar weakness rather than Canadian economic strength. The loonie is still one of the weaker G10 currencies year to date, rising only 4.5% against the U.S. dollar. The firm cautions investors against extrapolating the rebound.

- Date: 2025-05-28 · published 2025-05-28T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/24919-rosenberg-research-the-canadian-dollar-s-recent-surge-is-nothing-but-a-mirage
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

If the loonie's gains depend on dollar weakness rather than domestic fundamentals, they may reverse, which would raise the U.S.-dollar cost of Canadian feed commodities. The outlook for USD/CAD is therefore unclear.

## Read by commodity

- USDCAD: neutral

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/article-the-canadian-dollars-recent-surge-is-nothing-but-a-mirage/

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