The US dollar edges up against the Canadian dollar as bond yields and oil fall

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• May 30, 2023Canadian dollar dips as oil prices fall more than 4%-0.4%
• Oct 31, 2022Canadian dollar slips to six-day low as oil prices fall - The Globe and Mail+5.4%
• Jan 29, 2020Canadian dollar nears seven-week low as oil prices fall - The Globe and Mail-7.1%
• May 31, 2018US dollar falls significantly against Canadian dollar | FXEmpire-5.1%
• Jul 26, 2024Canadian dollar posts longest losing streak in six years as oil falls - The Globe and Mail-2.3%

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Sep 18, 2026Ringgit opens higher against US dollar as oil prices ease | The Star-0.3%
• Feb 2, 2018Oil prices fall as US stock market slumps and dollar strengthens-6.3%
• Nov 30, 2021Canadian dollar dips as Omicron variant concerns offset GDP gain - The Globe and Mail-0.2%
• Dec 6, 2022Ringgit ends lower against US dollar as oil prices decline | Malay Mail-6.1%
• Dec 20, 2018The Canadian dollar and the price at the gas pump: Why you can’t win for losing - The Globe and Mail-8.1%

Not enough comparable past events yet for a historical read.