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01 Sept 2026 · 15:40 GMT+3

Canadian Dollar retreats as US Dollar benefits from Fed rate hike bets

USD/CAD trades on the front foot on Tuesday, supported by a firmer US Dollar (USD), while trade tensions between the United States (US) and Canada and diverging Federal Reserve (Fed) and Bank of Canada (BoC) policy expectations weigh on the Canadian Dollar (CAD).

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