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20 Aug 2026 · 10:04 GMT+3

Canadian Dollar gains traction on fading Fed rate hike bets, US-Canada tariff pause

The USD/CAD pair declines to around 1.3790 during the early European trading hours on Thursday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) as cooling US inflation dampens aggressive US Federal Reserve (Fed) policy expectations.

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