Canadian Dollar Rises as U.S. Federal Reserve Rate Hike Bets Fade
Story essentials
Bank of Nova Scotia, U.S. Federal Reserve, U.S. Census Bureau
Canada, USA
August 14, 2026
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COMPAMIR Editorial Team
The COMPAMIR editorial team brings together public reporting and links to the original coverage. We update the page as new information emerges.
Read our editorial policy- Earlier version 18/14/2026, 7:10:17 PM
The Canadian dollar surpassed 72 cents U.S. due to a weakening greenback. Market expectations for a U.S. Federal Reserve rate hike in September have declined significantly. U.S. retail sales fell 0.6% in July, the first decline since May 2025.
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