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Line chart of USD/CAD from September 12 to 25, 2026, rising steadily after the September 16 Federal Reserve rate increase.

The slide in the Canadian dollar began after the Federal Reserve's mid-September rate increase and continued through nearly every session that followed. Neither central bank has a scheduled decision before late October, so the policy gap behind the move stays fixed in the meantime. The currency's move has followed the policy gap rather than oil.

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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© 2026 The Canadian Index. A public reference library of Canadian financial market charts, updated daily from public market data. See the Legal and Usage Terms page for full disclaimers.