The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
📍 ON
May 19, 2026
· 3 min read
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Canadian dollar hits five-week low as CPI data clips rate-hike bets
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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ML v2 (DistilBERT)
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Article Excerpt
Canadian dollar hits five-week low as CPI data clips rate-hike bets
FERGAL SMITH
REUTERS
PUBLISHED MAY 19, 2026
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The Canadian dollar weakened to a near five-week low against its U.S. counterpart on Tuesday as domestic data showed that inflation accelerated less than expected in April and the greenback posted broad-based gains.
The loonie was trading 0.1% lower at 1.3750 per U.S. dollar, or 72.23 U.S. cents, after touching its weakest intraday level sinc…
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