Archive · 24 Sep 2025
Canadian Dollar Hits One-Month Low Against US Dollar
Imagine the Canadian dollar as a toy you're trading with the US dollar.
On this day, the Canadian dollar became less valuable compared to the US dollar.
It's like the toy became less fun, so people wanted to pay less for it.
The main reason was because the US dollar was getting stronger overall.
Also, some data came out showing that Canadian factories weren't selling as much stuff as before.
Even though the price of oil, which Canada sells, went up a bit, it wasn't enough to help the Canadian dollar.
Economists are watching to see how the Canadian economy is doing and what will happen with trade talks.
The Canadian dollar fell to a one-month low against the U.S. dollar.
The loonie traded 0.4% lower.
The intraday level touched since August 22 at 1.3896.
Factory sales declined by 1.5% in August.
Oil prices rose by 1.9%.
- Who
- Canadian Dollar and US Dollar
- What
- Canadian dollar weakened against the U.S. dollar.
- When
- September 24
- Where
- Toronto
- Why
- Broad-based gains for the greenback offset higher oil prices and factory sales decline.
- Loonie Movement
- Weakened to a one-month low
- USD-CAD
- Trading 0.4% lower
- Intraday Low
- 1.3896 (since August 22)
- Factory Sales
- Down 1.5% in August
- Oil Price
- Up 1.9%