# Why investors should prepare for a stronger loonie - The Globe and Mail

> Globe and Mail commentary says Canadian and US economies are diverging, with Canada's economic surprise index at a five-year high while the US index falls. Fed chair Powell signalled future rate cuts after the June meeting, pushing US yields and the dollar lower.

- Date: 2019-06-20 · published 2019-06-20T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/58835-why-investors-should-prepare-for-a-stronger-loonie-the-globe-and-mail
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Diverging growth and rate expectations support a stronger loonie, which affects dollar-denominated Canadian grain and oilseed export prices.

## Read by commodity

- DXY: bearish ▼
- USDCAD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-31 | [Loonie on a wild ride as global investors reassess the greenback - The Globe and Mail](https://feedsoft.ai/events/21282-loonie-on-a-wild-ride-as-global-investors-reassess-the-greenback-the-globe-and.md) | +0.3% | +0.7% |
| DXY | 2020-09-09 | [Forget oil – this is the commodity that will lead the loonie’s next moves - The Globe and Mail](https://feedsoft.ai/events/51353-forget-oil-this-is-the-commodity-that-will-lead-the-loonie-s-next-moves-the.md) | -0.7% | -0.2% |
| DXY | 2020-07-29 | [Canadian dollar gains as investors sell greenbacks on ‘downbeat’ Fed - The Globe and Mail](https://feedsoft.ai/events/52351-canadian-dollar-gains-as-investors-sell-greenbacks-on-downbeat-fed-the-globe.md) | +0.4% | -0.4% |
| DXY | 2020-08-24 | [Why the loonie's bond with oil remains strong \| Wealth Professional](https://feedsoft.ai/events/51860-why-the-loonie-s-bond-with-oil-remains-strong-wealth-professional.md) | -1.0% | -0.6% |
| DXY | 2020-07-29 | [US dollar breaking down, gold and the $A breaking up – what does it mean for investors? - Invest Blue](https://feedsoft.ai/events/52393-us-dollar-breaking-down-gold-and-the-a-breaking-up-what-does-it-mean-for.md) | +0.4% | -0.4% |

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/article-divergence-between-the-canadian-and-us-economies-helps-the-loonie/

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