Canadian Dollar falls to two-month low as higher US yields outweigh Oil support

USD/CAD extends its advance on Thursday, climbing to its highest level since mid-July. The pair has posted only one daily decline over the past 12 trading days, reflecting the diverging monetary policy outlooks of the Federal Reserve (Fed) and the Bank of Canada (BoC).

Gold impact rationale

A weaker U.S. dollar typically supports dollar-denominated gold.

• Source: FXStreet news
• 2026-09-24
• dollar

Topics: gold news, gold price impact, dollar