USDCAD Braces for Upside as Crude Oil Futures Plunge Over 5 Percent
Crude oil futures plunged over 5% while the USDCAD currency pair remained relatively flat, down just 0.09%, signaling potential upcoming volatility for the Canadian dollar.
Market context
Commodity Currency Impact news
Follow the story. See which markets it affects. Explore the context.
Latest coverage
Recently added · Page 1USDCAD Tumbles on Oil Price Slide and Economic Weakness Amid Middle East Ceasefire Hopes
The Canadian dollar weakened to a two-month low against the U.S. dollar due to falling oil prices, economic weakness, and geopolitical easing expectations, despite stable Bank of Canada rates and dec…
USDCAD Dips as Canadian Bond Yields and Oil Prices Slide Lower
The Canadian dollar weakened against the US dollar amid falling Canadian government bond yields and lower US crude oil prices, signaling short-term pressure on the loonie.
Canadian Dollar Strengthens as USDCAD Rises on Falling Bond Yields and Oil Price Gains
The Canadian dollar strengthened against the US dollar as Canadian bond yields slipped and crude prices rose, driving USDCAD to trade higher near 1.3496.
Canadian Dollar Dips as Oil Slumps and Weak Economic Data Hit USDCAD
The Canadian dollar weakened against the U.S. dollar due to a sharp drop in oil prices and weak Canadian economic data, impacting export values and pushing USDCAD to a five-week low.
USDCAD Slides as Canadian Bonds Climb and U.S. Crude Drops Sharply
The Canadian dollar weakened against the U.S. dollar as Canadian government bond yields rose alongside U.S. yields, while U.S. crude prices fell sharply on Monday.
USDCAD Edges Higher on Rising Canada Bond Yields and Lower US Crude Prices
The Canadian dollar strengthened slightly against the US dollar amid rising Canadian government bond yields and a decline in US crude futures prices on Monday.
USDCAD Dips Amid Rising Canadian Yields and Weaker Crude Prices Impact
The Canadian dollar weakened slightly against the US dollar amid rising Canadian government bond yields and stable crude futures prices.
Canadian Dollar Soars to 1.40 vs USD, Pressuring USDCAD Forex Pair
The Canadian Dollar recently reached 1.40 against the USD, its highest level since October 2025, indicating USD weakness against CAD despite minor short-term gains.
USDCAD Strengthens as Canadian Bond Yields and Oil Prices Rise
The Canadian dollar strengthened against the US dollar as Canadian bond yields rose, reflecting increased investor confidence and boosting USDCAD towards 1.4063, supported by rising crude oil prices.
USDCAD Gains on Oil Rally and Optimism Ahead of Potential Bank of Canada Rate Cut
The Canadian dollar rose 0.3% against the US dollar on Friday amid stock and oil gains, but still posted a fourth consecutive weekly decline. Mixed economic data and expectations of a Bank of Canada …
USDCAD Slides as Canadian Dollar Weakens Ahead of Rising Bond Yields and Crude Gains
The Canadian dollar weakened versus the US dollar amid rising Canadian and US government bond yields and a rebound in crude oil prices, indicating a short-term USDCAD bearish sentiment for the loonie.