Canadian Dollar extends gains vs weaker USD as traders await US data

Not enough comparable past events yet for a historical read.

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Jan 1, 2026Canadian dollar extends recent gains as US labor market cools+0.3%
• Nov 15, 2023Ringgit Gains Ground As US Dollar Weakens On Lower-Than-Expected CPI Data-0.9%
• Jun 26, 2025Canadian Dollar gains ground on Thursday as Greenback weakens-0.9%
• Oct 21, 2026Dollar dips as traders wait on Fed; Aussie gains By Reuters+0.5%
• Aug 26, 2025Canadian Dollar gains ground on Greenback weakness+0.2%

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.

• Mar 13, 2025Canadian dollar weakens as trade war spooks investors-0.5%
• Nov 7, 2023Canadian dollar weakens despite wider trade surplus - The Globe and Mail-3.2%
• Feb 28, 2020Baht gains more ground, as US dollar weakens-2.6%
• Feb 15, 2023Canadian dollar weakens as U.S. data boosts Fed rate hike prospects - The Globe and Mail-6.5%
• Mar 27, 2020Ringgit extends gains against US dollar in early session | FMT+37.1%