# Why The U.S.-Canada Exchange Rate is Moving Amid the Pandemic | Institutional Investor

> An analysis from CME Group explains that the Canadian dollar remains near the lower end of its historic range at about 76 US cents, more than 10% above its March low. It notes the currency's move is hard to explain with traditional macro data.

- Date: 2020-10-12 · published 2020-10-12T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/50861-why-the-u-s-canada-exchange-rate-is-moving-amid-the-pandemic-institutional
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Long-run currency analysis gives context for CAD valuation but offers no immediate price signal for feed commodities.

## Read by commodity

- USDCAD: neutral

## Sources

- institutionalinvestor.com: https://www.institutionalinvestor.com/article/2bswx9jgnlwkzmzfrdnnk/innovation/why-the-u-s-canada-exchange-rate-is-moving-amid-the-pandemic

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