# eFXdata | USD/CAD - Finds Floor Support At 100-WMA

> USD/CAD appears to have found a short-term floor at the 100-week moving average near 1.3948, following a three-week decline from 1.4300 to 1.3950. Analysts expect consolidation ahead of US midterm elections and upcoming US and Canadian jobs data.

- Date: 2026-11-03 · published 2026-11-03T21:10:37.021Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/78418-efxdata-usd-cad-finds-floor-support-at-100-wma
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

A pause in the Canadian dollar's rally keeps currency pressure on Canadian exports such as canola and grain-based products. Conviction is low, so near-term price effects on feed commodities priced in USD are limited.

## Read by commodity

- USDCAD: neutral

## Sources

- efxdata.com: https://www.efxdata.com/insights/71e860981402a81e13e095a7239a32b9.html

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