Canadian dollar slips as risk-off mood and lower oil weigh
Latest news on WhatsApp أجدد الأخبار على واتسابThe Canadian dollar weakened against its U.S. counterpart on February 12, 2026, pressured by a broader risk-off tone in global markets and a drop in oil prices, a key driver for the commodity-linked currency.
Reuters data showed the loonie fell about 0.3% to 1.3620 per U.S. dollar (73.42 U.S. cents), as the U.S. dollar strengthened broadly while equities retreated.
Oil prices fell about 3% to $62.69 a barrel after the International Energy Agency cut its 2026 global oil demand forecast, adding pressure on the Canadian currency.
Canadian government bond yields also moved lower, with the 10-year yield down about 4.7 basis points to 3.293%, reflecting a more defensive market stance.
