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Canadian Dollar

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Close-up shot of a golden wheat field at sunset, highlighting the harvest season.
FORECASTSAUG 30, 2026
USD/CAD Rallies as Hawkish Fed Signals Meet Grain Market Breakouts
USD/CAD gained as stronger U.S. data, hawkish Federal Reserve messaging and fresh tariff pressure weighed on the Canadian dollar. Agricultural commodities drew attention after wheat and soybeans broke to multi-year highs, while traders also monitored oil and Ethereum setups.