# Canadian dollar hits 11-day low as cooler inflation boosts rate cut bets | MarketScreener

> The Canadian dollar fell to an 11-day low on Feb 17 near 1.3655 per USD as broad US dollar gains and cooler Canadian inflation of 2.3% raised expectations of Bank of Canada rate cuts. Analysts saw roughly a 35% chance of an easing this year.

- Date: 2026-02-17 · published 2026-02-17T12:00:00.000Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/20824-canadian-dollar-hits-11-day-low-as-cooler-inflation-boosts-rate-cut-bets
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Rate-cut expectations weigh on the loonie and reflect a broadly stronger USD, a background factor for dollar-priced grain and oilseed trade rather than a direct feed driver.

## Read by commodity

- USDCAD: bullish ▲

## Sources

- marketscreener.com: https://www.marketscreener.com/news/canadian-dollar-hits-11-day-low-as-cooler-inflation-boosts-rate-cut-bets-ce7e5dd9da8df02d

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.