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Line chart showing USD/CAD declining as the Canadian dollar strengthens to 1.3764 per US dollar.

The Canadian dollar strengthened to 1.3764 per US dollar Friday, an unusual decoupling from a spike in US long-bond yields that points to a US-specific driver rather than one tied to Canadian conditions. The move followed a sharp single-day drop earlier in the week around a US Treasury buyback announcement, ground the loonie has largely held rather than given back since.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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