Canadian dollar dives as US CPI dampens Fed easing hopes
The Canadian Dollar (CAD) has tumbled nearly 0.8% in Wednesday’s early North American session to reach the lowest levels this year so far.
![Canadian dollar dives as US CPI dampens Fed easing hopes](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDCAD/canadian-dollars-57161236_Large.jpg?#)
![](https://editorial.fxstreet.com/images/Markets/Currencies/Majors/USDCAD/canadian-dollars-57161236_Large.jpg)
The Canadian Dollar (CAD) has tumbled nearly 0.8% in Wednesday’s early North American session to reach the lowest levels this year so far.