USD/CAD news for September 17, 2026
The Federal Reserve raised interest rates again after years of holds and cuts, in a move described as hawkish. The U.S. dollar gained on the outlook, sending the Canadian dollar, or loonie, to five- and six-week lows. USD/CAD has been consolidating near the 1.4000 level, as dollar strength has offset gains in oil for the Canadian currency.
How the day unfolded
The Federal Reserve raised rates again after years of holds and cuts, with a hawkish outlook supporting the US dollar. The Canadian dollar weakened to a six-week low and languished near recent lows as strength in the US dollar offset gains in oil. Attention remains centered on the Fed as technical levels in USDCAD are assessed following the decision.
The Canadian dollar slid to multi-week lows after the Federal Reserve's hawkish rate decision lifted the U.S. dollar. Dollar strength has outweighed support from oil gains, leaving the Loonie near recent lows with attention centered on the Fed outlook.
The Canadian Dollar slid to multi-week lows after the Federal Reserve's hawkish rate hike, with gains in the US Dollar driving the move in USD/CAD. Strength in the US Dollar has offset gains in oil prices, keeping the Loonie under pressure while the Fed remains in focus.
The Canadian dollar has slipped to multi-week lows following the Federal Reserve's hawkish rate decision, which supported the U.S. dollar. USD/CAD has consolidated its gains near the 1.4000 level, as dollar strength has offset support for the Loonie from oil gains. Focus remains on the Fed outlook and the technical levels in play for the pair following the hike.
The Canadian dollar has fallen to multi-week lows as the U.S. dollar gained following the Federal Reserve's hawkish rate decision. USD/CAD has been consolidating near the 1.4000 level, with dollar strength offsetting support from oil gains. Attention remains centered on the Fed outlook and related technical levels.
The Federal Reserve raised interest rates again with a hawkish outlook, lifting the U.S. dollar. The Canadian dollar, also called the Loonie, weakened to multi-week lows with USD/CAD trading near the 1.4000 level, as dollar strength offset gains in oil prices.
The Federal Reserve raised interest rates again in what headlines described as a hawkish decision. The U.S. dollar gained on the outlook while the Canadian dollar, or Loonie, fell to multi-week lows, with USD/CAD trading near 1.4000. Dollar strength has offset gains in oil for the Canadian currency ahead of and after the Fed decision.
Headlines (11)
- Canadian Dollar languishes near 0.8200 as Fed tightening bets buoy US Dollarwww.fxstreet.com · Sep 15, 08:46 UTC
- Canadian Dollar remains vulnerable aas Fed takes centre stagewww.fxstreet.com · Sep 15, 17:15 UTC
- Canadian Dollar languishes near two-week low as bullish USD offsets oil gains ahead of Fedwww.fxstreet.com · Sep 16, 01:09 UTC
- Monetary Policy Decisionwww.bis.org · Sep 16, 09:36 UTC
- After Years of Holds and Cuts, the Fed Just Raised Rates Againnews.bitcoin.com · Sep 16, 18:09 UTC
- Fed hike sends the Loonie to a six-week lowwww.fxstreet.com · Sep 16, 18:42 UTC
- Loonie weakens after Fed hike as dollar gains on hawkish outlookwww.investing.com · Sep 16, 18:49 UTC
- The technical levels in play for the EURUSD, USDJPY, GBPUSD and USDCAD following the Fed hikeinvestinglive.com · Sep 16, 19:06 UTC
- Canadian Dollar slides to five-week low after Fed’s hawkish decisionwww.fxstreet.com · 03:20 UTC
- 1.4000 within reach: USD/CAD consolidates gains after Fed’s hawkish hikewww.fxstreet.com · 07:27 UTC
- Canadian Dollar remains under pressure as USD/CAD flirts with 1.4000www.fxstreet.com · 14:07 UTC
Scheduled events
As of 23:30 UTC
- 2026-09-17 — RMPI m/m · forecast 0.7% · CAD
- 2026-09-17 — Unemployment Claims · forecast 207K · USD
- 2026-09-17 — Philly Fed Manufacturing Index · forecast 31.3 · USD
- 2026-09-17 — Housing Starts · forecast 1.32M · USD
- 2026-09-17 — Foreign Securities Purchases · forecast 28.64B · CAD
- 2026-09-17 — Building Permits · forecast 1.40M · USD
- 2026-09-17 — IPPI m/m · forecast 0.0% · CAD
- 2026-09-17 — Pending Home Sales m/m · forecast -0.2% · USD
Not investment advice. For informational purposes only.