# Canadian dollar weakens as trade war spooks investors

> The Canadian dollar weakened 0.4% to 1.4425 per US dollar on Thursday as oil prices fell and the latest escalation in the trade war weighed on sentiment. US crude futures dropped 1.6% to $66.55 a barrel.

- Date: 2025-03-13 · published 2025-03-13T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/25825-canadian-dollar-weakens-as-trade-war-spooks-investors
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude and trade-war risk reduce energy-linked demand and bolster the case for weaker Canadian export receipts, which can weigh on feed-related trade flows.

## Read by commodity

- WTI: bearish ▼
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2017-01-27 | [Canadian dollar weakens as oil falls, investors brace for Poloz](https://feedsoft.ai/events/73216-canadian-dollar-weakens-as-oil-falls-investors-brace-for-poloz.md) | +0.2% | +1.1% |
| WTI | 2021-07-27 | [Canadian dollar falls as China stock sell-off spooks investors \| Financial Post](https://feedsoft.ai/events/46272-canadian-dollar-falls-as-china-stock-sell-off-spooks-investors-financial-post.md) | -1.1% | -8.9% |
| WTI | 2022-06-16 | [Canadian dollar falls as global central bank tightening spooks investors - The Globe and Mail](https://feedsoft.ai/events/41175-canadian-dollar-falls-as-global-central-bank-tightening-spooks-investors-the.md) | -8.7% | -14.2% |
| WTI | 2023-11-07 | [Canadian dollar weakens despite wider trade surplus - The Globe and Mail](https://feedsoft.ai/events/33410-canadian-dollar-weakens-despite-wider-trade-surplus-the-globe-and-mail.md) | -3.2% | -11.3% |
| WTI | 2020-06-11 | [Canadian dollar slides as investor risk appetite wanes \| Financial Post](https://feedsoft.ai/events/52864-canadian-dollar-slides-as-investor-risk-appetite-wanes-financial-post.md) | -4.1% | +0.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/canadian-dollar-weakens-trade-war-spooks-investors-2025-03-13/

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