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14 Oct 2026 · 17:28 GMT+3

Canadian Dollar weakens as US CPI puts October Fed hike in play

USD/CAD climbs on Wednesday, reversing the previous day’s losses as the US Dollar (USD) rallies to a fresh year-to-date high following higher-than-expected US inflation data. At the time of writing, USD/CAD trades around 1.4287, up 0.50% on the day near 18-month highs.

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