USD/CAD Surges on Hawkish Fed Outlook and Strong Dollar Momentum
USD/CAD surged past key resistance at 1.3550 on August 22, 2025, driven by hawkish Fed signals, weaker crude prices, and cautious global sentiment. Technicals point to further gains as the dollar extends its bullish momentum versus the loonie. Watch key resistance near 1.3625 and 1.3700 for potential pauses. #ForexAnalysis #USDCAD
