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Canadian Dollar Strengthens After Higher-Than-Expected Inflation Data

USD/CAD fell to its lowest level since June 3 on Monday, with the U.S. dollar remaining under pressure, while higher-than-expected Canadian inflation data provided additional support for the…

Published: August 17, 2026 13:40 UTC
Market: FX
Source: insigtX

USD/CAD fell to its lowest level since June 3 on Monday, with the U.S. dollar remaining under pressure, while higher-than-expected Canadian inflation data provided additional support for the loonie. The currency pair is currently trading at 1.38534.

Original: https://www.fxstreet.hk/news/jia-na-da-yuan-zai-gao-yu-yu-qi-de-tong-zhang-shu-ju-hou-zou-qiang-202608171340

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