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Line chart showing the USD/CAD exchange rate rising this week amid Canada-US tariff tensions.

The Canadian dollar has weakened against the US dollar this week even as oil prices, which the loonie often tracks, fell sharply over the same period. The divergence traces to trade policy rather than crude: Canada's retaliatory tariffs on roughly $20 billion of US imports and Washington's confirmed 2027 duties on Canadian autos and steel are driving the currency move instead. The pair has risen since its August 21 three-month low.

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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Charts and data on this site are provided for general informational and educational purposes only and do not constitute financial, investment, tax, or legal advice. Each chart reflects the source and period indicated on it and may not represent current market conditions.

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