Canadian dollar underperforms most G10 currencies as oil falls
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
This report is about oil and currencies. Names like XOM and CVX typically gain because exxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- XLE Energy Select Sector SPDR
Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.
- UUP Invesco DB US Dollar Index Bullish Fund
Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “currencies” (currencies) in this story.
- BWET Breakwave Tanker Shipping ETF
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story.
- EWC iShares MSCI Canada ETF
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).
- FXC Invesco CurrencyShares Canadian Dollar Trust
Invesco CurrencyShares Canadian Dollar Trust follows the Canadian dollar, whose moves this story covers.
- XOM ExxonMobil Holdings
ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
- CVX Chevron
Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +5.62% | -2.06% | base | -3.90% | after close | after close | after close |
| XLE | +9.12% | +3.08% | base | +0.56% | after close | after close | after close |
| UUP | -0.58% | -0.82% | base | -0.60% | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | -13.59% | after close | after close | after close |
| EWC | +1.43% | +3.07% | base | +1.93% | after close | after close | after close |
| FXC | -0.34% | -0.34% | base | — | after close | after close | after close |
| XOM | +8.37% | +2.16% | base | -0.67% | after close | after close | after close |
| CVX | +7.15% | +2.05% | base | -1.18% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Canadian dollar underperforms most G10 currencies as oil falls Reuters
Source: Reuters
United States Oil Fund (USO) compared with energy stocks (XLE) since 9 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | -13.59% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| Chevron (CVX) | that day | -1.18% | final price |
| Chevron (CVX) | three days earlier | +2.05% | final price |
| Chevron (CVX) | five days earlier | +7.15% | final price |
| Ishares Msci Canada Etf (EWC) | that day | +1.93% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | +3.07% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +1.43% | final price |
| Invesco CurrencyShares Canadian Dollar Trust (FXC) | three days earlier | -0.34% | final price |
| Invesco CurrencyShares Canadian Dollar Trust (FXC) | five days earlier | -0.34% | final price |
| United States Oil Fund (USO) | that day | -3.90% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
| Invesco DB US Dollar Index Bullish Fund (UUP) | that day | -0.60% | final price |
| Invesco DB US Dollar Index Bullish Fund (UUP) | three days earlier | -0.82% | final price |
| Invesco DB US Dollar Index Bullish Fund (UUP) | five days earlier | -0.58% | final price |
| Select Sector Spdr Tr (XLE) | that day | +0.56% | final price |
| Select Sector Spdr Tr (XLE) | three days earlier | +3.08% | final price |
| Select Sector Spdr Tr (XLE) | five days earlier | +9.12% | final price |
| ExxonMobil Holdings (XOM) | that day | -0.67% | final price |
| ExxonMobil Holdings (XOM) | three days earlier | +2.16% | final price |
| ExxonMobil Holdings (XOM) | five days earlier | +8.37% | final price |
Congressional trades in the stocks in this story
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 26 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 70 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 26 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 47 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 68 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around United States Oil Fund (USO)
The side that tends to collect
- XOM ExxonMobil Holdings
For “Canadian dollar underperforms most G10 currencies as oil falls,” ExxonMobil Holdings (XOM) tends to benefit, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- CVX Chevron
In “Canadian dollar underperforms most G10 currencies as oil falls,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
No up or down call on file
- USO United States Oil Fund
In “Canadian dollar underperforms most G10 currencies as oil falls,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
For “Canadian dollar underperforms most G10 currencies as oil falls,” Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence. Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- UUP Invesco DB US Dollar Index Bullish Fund
For “Canadian dollar underperforms most G10 currencies as oil falls,” Invesco DB US Dollar Index Bullish Fund (UUP) is linked, with no stored direction, medium confidence. Reason on file: Invesco DB US Dollar Index Bullish Fund: it tracks currencies. Linked by “currencies” (currencies) in this story
- BWET Amplify Commodity Trust
Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Canadian dollar underperforms most G10 currencies as oil falls.” Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “oil” (tanker shipping) in this story
How energy news reaches United States Oil Fund (USO)
The 9 Nov 2026 story “Canadian dollar underperforms most G10 currencies as oil falls” names United States Oil Fund (USO) because of Energy.
United States Oil Fund (USO) is on the page because United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
A second company, Select Sector Spdr Tr (XLE), is listed for a different reason: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
What this energy story puts on the calendar
USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. UUP traded between 28.86 and 29.23 across 20 sessions. The latest close on file is 29.14. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
How solid the energy case looks
46 out of 100
“Canadian dollar underperforms most G10 currencies as oil falls” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.