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The US dollar rose 1.11% against the Canadian dollar over the week, reaching 1.4130 Canadian dollars per dollar. It also gained 0.78% on the day, ending a three-week losing streak against the Canadian currency.
A stronger US dollar raises the US-dollar cost of Canadian imports, but the report describes a currency move without identifying a new underlying supply or demand driver.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.