# Canadian dollar rally to resume in 2025 if global economy picks up: Reuters poll

> A Reuters poll expects the Canadian dollar to resume its rally in 2025 if the global economy picks up. The loonie had rallied 3.3% from a near two-year low of 1.3946 per U.S. dollar hit in August, helped by short covering and broad greenback weakness.

- Date: 2024-09-05 · published 2024-09-05T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/28564-canadian-dollar-rally-to-resume-in-2025-if-global-economy-picks-up-reuters-poll
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

The poll forecasts a firmer loonie, which would lower the cost of Canadian-origin imports priced in U.S. dollars. Its direct effect on feed commodity prices is small.

## Read by commodity

- USDCAD: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/canadian-dollar-rally-resume-2025-if-global-economy-picks-up-2024-09-05/

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