# U.S. Dollar Advances Against Canadian Currency - WSJ

> The US dollar rose against the Canadian dollar to about 1.3271 after Canada's economy logged its weakest quarterly performance in over two years. The move followed data showing slowing growth in late 2018.

- Date: 2019-03-01 · published 2019-03-01T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/60318-u-s-dollar-advances-against-canadian-currency-wsj
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A firmer USD against CAD is a modest headwind for US dollar-priced commodities and a mild tailwind for Canadian canola competitiveness, with limited direct effect on feed prices.

## Read by commodity

- USDCAD: bullish ▲
- CANMEAL: neutral

## Sources

- wsj.com: https://www.wsj.com/articles/u-s-dollar-advances-against-canadian-currency-11551460659

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