Canadian Dollar remains under pressure as hawkish Fed contrasts with steady BoC

USD/CAD holds firm near the 1.4000 psychological mark on Monday as the Federal Reserve’s (Fed) hawkish outlook and widening US-Canada interest-rate differentials keep the Canadian Dollar (CAD) on the back foot.

Gold impact rationale

Rising rate-hike or hawkish expectations increase gold's opportunity cost.

• Source: FXStreet news
• 2026-09-21
• rates
• price_action

Topics: gold news, gold price impact, rates, price_action