# Canadian dollar hits one-week low as equity market volatility jumps - The Globe and Mail

> The Canadian dollar weakened to a one-week low against the US dollar on Monday as equity volatility jumped and the VIX rose more than 10%. Traders moved into the greenback amid doubts over the timing and size of US fiscal stimulus.

- Date: 2021-01-25 · published 2021-01-25T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/49370-canadian-dollar-hits-one-week-low-as-equity-market-volatility-jumps-the-globe
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Safe-haven US dollar demand lifts USD-denominated feed commodity prices relative to Canadian sources. The move is a routine currency fluctuation with limited direct effect on feed supply.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-rises-as-investors-weigh-us-stimulus-prospects/

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