USD/CAD Hits Seven-Week Low as Dollar Slides and Oil Drops 9%

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.

• Jul 10, 2023US dollar drops to three-week low as Fed rate hikes nearly done-1.7%
• Dec 3, 2025Euro hits almost seven-week high, dollar broadly lower-0.4%
• Feb 11, 2021Dollar slides near two-week lows as Fed pledges low rates+0.5%
• Jun 26, 2025AUD/USD reclaims seven-month high around 0.6550 as US Dollar slides further — Octa-0.9%
• Jan 29, 2026USD/CAD slides to 1.3530, pressured by bullish Oil and weak USD+0.6%

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.

• Jan 27, 2025Oil hits 2-week low as China's DeepSeek AI spurs demand fears | Reuters-2.1%
• Nov 1, 2023Oil falls to settle at 3-week low as Fed policy stance lifts dollar-5.3%
• Mar 19, 2021Oil battered in ugly week as demand concerns, dollar spur slump-1.8%
• Jul 30, 2024Oil prices slide 1%, settle at 7-week low on China worries-4.3%
• Dec 15, 2022Oil prices slid 2% as dollar firms and central banks hike interest rates-2.2%