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The Canadian dollar weakened slightly against the U.S. dollar on Monday, trading at about C$1.3986 per U.S. dollar. Canadian 10-year government bond yields fell 3.2 basis points to 3.767%, while U.S. December crude futures dropped $6.44 to $97.68 a barrel.
A sharp fall in crude prices eases energy-driven inflation pressure in Canada and lowers feed-input cost expectations tied to fuel and transport. The currency move is small and has limited direct effect on Canadian grain or oilseed export prices.
ae.marketscreener.comReutersNov 2, 2026
marketscreener.comReutersNov 3, 2026Not enough comparable past events yet for a historical read.
After 565 past bearish macro events, WTI moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
