C$ posts weekly decline as investors eye higher U.S. rates

Not enough comparable past events yet for a historical read.

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• May 25, 2022Canadian dollar hits 6-day low as investors await Fed minutes | Financial Post+3.3%
• Aug 10, 2022C$ notches up 6-day high as U.S. inflation pressures ease | Financial Post-4.3%
• Mar 27, 2026Canadian dollar extends weekly decline as investors favor safe havens | Reuters+17.8%
• Oct 26, 2021C$ dips as investors guard against 'dovish surprise' from BoC | Financial Post-0.3%
• Feb 12, 2020Canadian dollar climbs to one-week high as virus fears ebb | Financial Post+6.6%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Nov 3, 2022Copper sags after Fed unnerves investors and dollar rallies | Financial Post-1.0%
• Sep 17, 2020Dollar edges higher as Fed outlook lifts U.S. yields | Financial Post+1.6%
• Sep 20, 2017Fed signals interest rates will keep going higher as it exits financial crisis policy+1.1%
• Dec 16, 2024Dollar edges higher against major peers as investors eye Fed rate cut | Reuters+0.5%
• Mar 31, 2020Yen declines on year-end U.S. dollar demand | Financial Post+0.7%