# Loonie ‘actually strengthening’ amid unusual market moves: FX strategist – BNN Bloomberg

> Scotiabank's Shaun Osborne says markets are in an unusual situation, with U.S. equities, bonds and the dollar all weakening together. The Canadian dollar is strengthening even as equities fall, which is atypical. He expects the loonie to be near 72 U.S. cents by year-end.

- Date: 2025-05-24 · published 2025-05-24T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/24924-loonie-actually-strengthening-amid-unusual-market-moves-fx-strategist-bnn
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A stronger loonie lowers USD/CAD and marginally reduces the U.S.-dollar cost of Canadian feed exports. Broad U.S. asset weakness adds uncertainty to currency-driven feed costs.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- bnnbloomberg.ca: https://www.bnnbloomberg.ca/markets/currencies/2025/05/23/loonie-actually-strengthening-amid-unusual-market-moves-fx-strategist/

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