Indonesia Bank Indonesia Rate below forecasts (6%): Actual (5.75%)

Jul 22, 2026

Canadian Dollar receives support from higher oil prices

USD/CAD declines after to days of gains, trading around 1.4100 during the early European hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from higher oil prices.

Forex Today: US Dollar and Oil continue to rise as tensions in Middle East escalate further

Here is what you need to know on Wednesday, July 22: