# Canadian dollar falls as investors buy into U.S. under Trump | CBC News

> The Canadian dollar fell as investors bought US dollars on expectations that a Trump administration would boost the economy and lift Fed rates. The loonie dropped to 73.60 US cents, its lowest since February, before closing at 73.78.

- Date: 2016-11-14 · published 2016-11-14T12:00:00.000Z
- Category: macro · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/74058-canadian-dollar-falls-as-investors-buy-into-u-s-under-trump-cbc-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A stronger US dollar and rising US rate expectations make US-priced feed grains and meals less competitive abroad, pressuring export demand and prices.

## Read by commodity

- DXY: bullish ▲
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-01-25 | [Canadian dollar falls from 4-month high after Trump boosts U.S. dollar \| CBC News](https://feedsoft.ai/events/67200-canadian-dollar-falls-from-4-month-high-after-trump-boosts-u-s-dollar-cbc-news.md) | -0.3% | +0.7% |
| DXY | 2017-01-27 | [Canadian dollar weakens as oil falls, investors brace for Poloz](https://feedsoft.ai/events/73216-canadian-dollar-weakens-as-oil-falls-investors-brace-for-poloz.md) | -1.2% | -1.2% |
| DXY | 2021-07-27 | [Canadian dollar falls as China stock sell-off spooks investors \| Financial Post](https://feedsoft.ai/events/46272-canadian-dollar-falls-as-china-stock-sell-off-spooks-investors-financial-post.md) | -0.5% | +0.6% |
| DXY | 2026-08-28 | [Canadian dollar slips as trade tensions, Fed outlook keep loonie under pressure By Investing.com](https://feedsoft.ai/events/18124-canadian-dollar-slips-as-trade-tensions-fed-outlook-keep-loonie-under-pressure.md) | -0.2% | +1.7% |
| DXY | 2022-07-14 | [Canadian dollar falls to a 20-month low after supersized interest rate hike](https://feedsoft.ai/events/40721-canadian-dollar-falls-to-a-20-month-low-after-supersized-interest-rate-hike.md) | -0.6% | -2.1% |

## Sources

- cbc.ca: https://www.cbc.ca/news/business/loonie-oil-monday-1.3850050

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