Reversing direction, the U.S. dollar fell against the Canadian dollar in European morning deals on Thursday.
The greenback is trading at 0.9859 against the loonie and the greenback is likely to seek next downside target level at 0.98. The pair ended Wednesday's trading at 0.9879.
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Forex 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.