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USD/CAD rose more than 0.6% over two trading sessions as the Canadian dollar weakened following employment reports in Canada and the United States. The Canadian report showed a loss of about 4,700 jobs, below expectations for job growth, reinforcing expectations that the Bank of Canada may be more cautious than the Federal Reserve.
The prospect of a wider interest-rate gap in favor of the United States supports USD/CAD and raises the Canadian-dollar cost of imports. That can increase feed buyers’ local-currency costs for internationally priced commodities.
forex.comJulian PinedaNov 9, 2026Not 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.
