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Canadian Dollar Posts Biggest Weekly Gain Since May as Greenback Slides

The Canadian dollar rose 1.5% weekly as retail sales increased 1.3% in November and oil prices climbed due to Middle East supply concerns, supporting the currency.

Summary by Reuters
The ​Canadian dollar extended its weekly gain against the U.S. dollar on Friday as ‌the greenback posted broad-based declines and domestic data showed that retail sales rose in November.

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Canadian dollar posts biggest weekly gain since May as greenback slides

The ​Canadian dollar extended its weekly gain against the U.S. dollar on Friday as ‌the greenback posted broad-based declines and domestic data showed that retail sales rose in November.

·United Kingdom
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The Globe & Mail broke the news in Canada on Friday, January 23, 2026.
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