US Dollar Edges up Against The Loonie to Highest Level Since Early August

MT newswire2026/09/17 17:59

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

01:59 PM EDT, 09/17/2026 (MT Newswires) -- The US dollar edged up slightly against the Canadian dollar Thursday afternoon, hovering near the highest level since Aug 7. In a widely-expected move, the US Federal Reserve raised interest rates by 25 basis points, marking the first hike since July 2023 and causing the greenback to rise to a six-week high against the loonie on Wednesday. The US dollar was last seen up 0.01% to CA$1.3988, the highest since Aug. 7. US 10-year treasury yields edged down to 4.949%. Comex gold futures for December were up 0.3% to $4,402.10 per ounce. Oil prices fell Thursday afternoon after Saudi Arabia shifted some crude exports through the Strait of Hormuz, CNBC reported. West Texas Intermediate October futures benchmark fell 0.4% to $102.04. November Brent crude futures edged down 1.1% to $104.65..

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

According to Mortgage News Daily, the average 30-year fixed mortgage rate in the United States rose sharply to 7.24% on September 16, up 27 basis points from 6.97% a week earlier. On September 17, the rate slightly eased to 7.19%, but still remained significantly above the 7% threshold. Currently, existing homeowners in the U.S. face the dilemma of "losing their low-interest loans if they sell", leading to weak willingness to sell, high property prices, and a worsening housing market situation.

华尔街见闻•2026/09/17 23:21