Reuters: Canadian dollar hits a 3-week low as appeal of US assets grows
"The U.S. dollar (.DXY), is steamrolling all of its major rivals, including the Canadian dollar, this morning after another round of data releases failed to deliver any appreciable evidence of a tariff-led slowdown," said Karl Schamotta, chief market strategist at Corpay.
"With employers keeping workers on payrolls, consumers still spending, and corporate earnings continuing to grow, the relative attractiveness of U.S. assets is reasserting itself and drawing in capital flows."
Reuters: Canadian dollar hits a 3-week low as appeal of US assets grows