Canadian Dollar Exchange Rates Boosted As GDP Comes In On Forecast And Oil Boosts The CAD

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Apr 29, 2026Canadian dollar steadies as oil lifts BoC rate hike bets - The Globe and Mail+2.2%
• Jan 29, 2024Canadian Dollar hesitates with Canada GDP, US Fed rate call in the pipe-7.3%
• Dec 16, 2021Canadian dollar rallies as more central banks move on inflation - The Globe and Mail+2.7%
• Nov 28, 2025Canadian dollar posts biggest weekly gain since May as GDP surpasses forecasts | Reuters+1.7%
• Feb 23, 2023Canadian dollar claws back some recent declines as oil rallies - The Globe and Mail+4.9%

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Jan 29, 2024Canadian Dollar hesitates with Canada GDP, US Fed rate call in the pipe-6.0%
• Nov 29, 2021Canadian dollar rallies as air of calm returns to financial markets - The Globe and Mail-3.1%
• Jul 31, 2023Canadian dollar notches monthly gain as commodity currencies rally - The Globe and Mail+2.4%
• Sep 29, 2026Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold | Investing.com+5.1%
• Jul 27, 2017FOMC Deflates Dollar Inflates Oil And Gold - ActionForex+3.4%

Not enough comparable past events yet for a historical read.