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EconomyCanadian dollar extends weekly decline despite sharp GDP gain

The Canadian dollar fell to a nine-day low against the U.S. dollar on Friday, extending its weekly decline. Investors questioned whether strong domestic GDP data would affect the Bank of Canada’s upcoming policy decision, while hawkish remarks from Federal Reserve Chair Kevin Warsh also weighed on the currency.

Canadian dollarGDPBank of CanadaFederal Reserve

RReuters★★★☆☆2026-08-28 20:15Original

Canadian dollar extends weekly decline despite sharp GDP gain
Canadian dollar extends weekly decline despite sharp GDP gainEconomy