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via fxstreet.comMarkets

Canadian dollar remains weak near April 2025 lows as Fed maintains hawkish stance

FROM THE WIRE · FXSTREET.COM

The USD/CAD pair retains its bullish undertone on Thursday, trading around the 1.4265 region during the Asian session, well within striking distance of the highest level since April 2025, touched earlier this week.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishUSD strength reflects expectations of a more restrictive Fed, pushing USD/CAD toward recent highs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01USD/CAD pair trades around 1.4265 during Asian session.
  2. 02Level is near the highest touched this week, highest since April 2025.
  3. 03Bullish USD tone persists in response to Federal Reserve's hawkish stance.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar/Canadian Dollar FX Spot RateUSDCADFX pair1.4263+0.05%today +0.05%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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