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

> The US dollar rose slightly against the Canadian dollar as Canadian debt yields and oil prices declined. WTI December crude settled down $7.66, or 7.4%, at $96.46 a barrel, and Brent January traded down $8.42 to $105.01.

- Date: 2026-11-02 · published 2026-11-02T21:27:03.402Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/76202-the-us-dollar-edges-up-against-the-canadian-dollar-as-bond-yields-and-oil-fall
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Steep oil declines reduce diesel and freight cost expectations for feed supply chains and lower the energy premium in grain and oilseed prices. The FX move itself is minor for feed buyers.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- USDCAD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-05-30 | [Canadian dollar dips as oil prices fall more than 4%](https://feedsoft.ai/events/36186-canadian-dollar-dips-as-oil-prices-fall-more-than-4.md) | -0.4% | -6.6% |
| WTI | 2022-10-31 | [Canadian dollar slips to six-day low as oil prices fall - The Globe and Mail](https://feedsoft.ai/events/39347-canadian-dollar-slips-to-six-day-low-as-oil-prices-fall-the-globe-and-mail.md) | +5.4% | -12.2% |
| WTI | 2020-01-29 | [Canadian dollar nears seven-week low as oil prices fall - The Globe and Mail](https://feedsoft.ai/events/55300-canadian-dollar-nears-seven-week-low-as-oil-prices-fall-the-globe-and-mail.md) | -7.1% | -8.8% |
| WTI | 2018-05-31 | [US dollar falls significantly against Canadian dollar \| FXEmpire](https://feedsoft.ai/events/65248-us-dollar-falls-significantly-against-canadian-dollar-fxempire.md) | -5.1% | +11.1% |
| WTI | 2024-07-26 | [Canadian dollar posts longest losing streak in six years as oil falls - The Globe and Mail](https://feedsoft.ai/events/29504-canadian-dollar-posts-longest-losing-streak-in-six-years-as-oil-falls-the-globe.md) | -2.3% | -7.0% |
| BRENT | 2026-09-18 | [Ringgit opens higher against US dollar as oil prices ease \| The Star](https://feedsoft.ai/events/17729-ringgit-opens-higher-against-us-dollar-as-oil-prices-ease-the-star.md) | -0.3% | +5.0% |
| BRENT | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -6.3% | -5.6% |
| BRENT | 2021-11-30 | [Canadian dollar dips as Omicron variant concerns offset GDP gain - The Globe and Mail](https://feedsoft.ai/events/44264-canadian-dollar-dips-as-omicron-variant-concerns-offset-gdp-gain-the-globe-and.md) | -0.2% | +4.8% |

## Sources

- es.marketscreener.com: https://es.marketscreener.com/noticias/el-d-lar-estadounidense-avanza-ligeramente-frente-al-d-lar-canadiense-ante-la-ca-da-del-rendimiento-ce785fd9db8ef123

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