# Canadian dollar falls by most in 13 months on rising risk aversion | Financial Post

> The Canadian dollar fell to a five-month low of 1.2758 per U.S. dollar as a surge in coronavirus cases, driven by the Delta variant, weighed on sentiment. The safe-haven U.S. dollar rallied and global equities fell. U.S. crude settled 7.5% lower at $66.42 a barrel after OPEC+ agreed to boost output.

- Date: 2021-07-19 · published 2021-07-19T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/46275-canadian-dollar-falls-by-most-in-13-months-on-rising-risk-aversion-financial
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Demand fears from Delta-driven lockdowns and an OPEC+ supply increase point to lower energy prices, which weighs on biofuel economics and feedstock values.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-02-15 | [Canadian dollar struggles for clear direction amid Ukraine uncertainty \| Financial Post](https://feedsoft.ai/events/42923-canadian-dollar-struggles-for-clear-direction-amid-ukraine-uncertainty.md) | -3.5% | +1.0% |
| WTI | 2026-02-02 | [Oil Falls 5%, ULSD Tumbles 14% on De-Risking Over Iran](https://feedsoft.ai/events/5923-oil-falls-5-ulsd-tumbles-14-on-de-risking-over-iran.md) | -1.6% | +9.9% |
| WTI | 2022-03-30 | [Asia Session: 'Reduced' Russia Operations Sparks Relief Rally; Dollar Falls \| Investing.com](https://feedsoft.ai/events/42514-asia-session-reduced-russia-operations-sparks-relief-rally-dollar-falls.md) | -2.2% | -2.2% |
| WTI | 2026-04-08 | [Dollar falls as US-Iran ceasefire sparks relief rally for risk assets \| MarketScreener](https://feedsoft.ai/events/11160-dollar-falls-as-us-iran-ceasefire-sparks-relief-rally-for-risk-assets.md) | -18.9% | -8.3% |
| WTI | 2025-06-30 | [Oil prices fall on easing Middle East risks](https://feedsoft.ai/events/24130-oil-prices-fall-on-easing-middle-east-risks.md) | +2.0% | -0.5% |
| BRENT | 2026-02-02 | [Oil Falls 5%, ULSD Tumbles 14% on De-Risking Over Iran](https://feedsoft.ai/events/5923-oil-falls-5-ulsd-tumbles-14-on-de-risking-over-iran.md) | -3.1% | +0.6% |
| BRENT | 2022-03-30 | [Asia Session: 'Reduced' Russia Operations Sparks Relief Rally; Dollar Falls \| Investing.com](https://feedsoft.ai/events/42514-asia-session-reduced-russia-operations-sparks-relief-rally-dollar-falls.md) | -4.4% | -6.5% |
| BRENT | 2026-03-25 | [Oil Drops Near $102 as Traders Weigh Outlook for US-Iran Truce \| Financial Post](https://feedsoft.ai/events/8156-oil-drops-near-102-as-traders-weigh-outlook-for-us-iran-truce-financial-post.md) | +15.0% | +1.0% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/canadian-dollar-falls-by-most-in-13-months-on-rising-risk-aversion

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