{
  "id": 2335310,
  "title": "Canadian Dollar stands firm near three-month high vs weak USD ahead of data",
  "url": "https://urgent.news/2026/08/21/canadian-dollar-stands-firm-near-three-month-high-vs-weak-usd-ahead",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T08:02:48.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/canadian-dollar-stands-firm-near-three-month-high-vs-weak-usd-ahead-of-data-202608210802"
  },
  "original_language": "en",
  "account": "The Canadian Dollar (CAD) has remained relatively stable near a three-month high against the US Dollar (USD) ahead of upcoming economic data. Throughout the past week, the USD/CAD pair has faced selling pressure for the third consecutive day, trading just above mid-1.3700s. Spot prices for the USD/CAD pair are expected to record heavy losses for the fourth week in a row, further supporting the CAD. Crude oil prices have held steady near a three-week high, contributing to the Loonie's strength due to the ongoing geopolitical risks in the Middle East. The US Federal Reserve's recent decision to increase long-term bond purchases has also kept the USD relatively weak, benefiting the CAD. The upcoming Canadian Retail Sales data and flash US PMIs for the weekend will likely provide some impetus to the market.",
  "summary": "The USD/CAD pair remains under some selling pressure for the third consecutive day and trades near a three-month low, just above mid-1.3700s during the first half of the European session on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "British Pound holds gains against a weak US Dollar despite downbeat UK Retail Sales",
        "url": "https://urgent.news/2026/08/21/british-pound-holds-gains-against-a-weak-us-dollar-despite-downbeat",
        "published": "2026-08-21T06:36:26.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Sterling today: Pound steady as Treasury buyback keeps dollar soft",
        "url": "https://urgent.news/2026/08/21/sterling-today-pound-steady-as-treasury-buyback-keeps-dollar-soft",
        "published": "2026-08-21T09:14:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}