The Canadian dollar erased some of its early Asian session's weakness against the US dollar during early European deals Tuesday, falling to a 5-day low of 0.9889 around 6:40 am ET.
The USD/CAD correction stalled just above the 0.9950 level and the pair backpedaled since August 23 and is heading towards target around the 0.9860/65 area.
For comments and feedback contact: editorial@rttnews.com
Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.