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Canadian Dollar Strengthens as Inflation Data Set to Test Bank of Canada Outlook

USD/CAD is currently at 1.38621, down 0.11% on the day. The U.S. dollar remains under pressure against the Canadian dollar as investors scale back expectations for further Federal…

Published: August 17, 2026 11:31 UTC
Market: FX
Source: insigtX

USD/CAD is currently at 1.38621, down 0.11% on the day. The U.S. dollar remains under pressure against the Canadian dollar as investors scale back expectations for further Federal Reserve monetary policy tightening, with the currency pair extending its decline.

Original: https://www.fxstreet.hk/news/jia-bi-zai-tong-zhang-shu-ju-jiang-kao-yan-jia-na-da-yang-xing-qian-jing-zhi-ji-zou-qiang-202608171131

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