Skip to content
Back to Guavy Wire
Forex

Loonie Struggles Near Four-Week Highs Against Dovish US Rate Outlook

Instruments
USD CAD
Share

The USD/CAD pair remains near its four-week high, trading around 1.4235 in Asian hours on Thursday.

This comes as the Canadian Dollar struggles under a dovish Bank of Canada stance, softer oil prices, and ongoing trade frictions.

Elevated U.S. yields and geopolitical risks are supporting the Greenback, maintaining upside risks for USD/CAD.

The Federal Reserve's reduced expectations for an October interest rate increase, despite elevated bond yields, adds to the bullish outlook for the pair.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc