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The Loonie Just Hit a 14-Month Low — Here's What It's Costing You

   Saturday, July 25, 2026 The Canadian dollar has slid to its weakest level since April 2025, and speculators are betting it has further to fall. Here's why it's happening and what it actually means for your wallet. If you've bought anything in U.S. dollars lately — a flight, an Amazon.com order, a hotel for a Florida trip — you may have noticed the exchange rate isn't doing you any favours. The Canadian dollar touched 1.4248 per U.S. dollar (about 70.2 U.S. cents ) last week, its weakest level in 14 months, before steadying closer to 1.41 . It's not just a bad week. Currency speculators have piled into bets against the loonie so aggressively that the Canadian dollar has overtaken the Japanese yen as the most heavily shorted major currency in the world, according to data from the U.S. Commodity Futures Trading Commission. Net short positions against the CAD hit roughly US$12.5 billion — the largest bearish bet on the loonie since December 2024. Why the loonie is ...
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Trump Issues Ultimatum to Hamas Over Gaza Hostages

In a dramatic escalation of rhetoric, former President Donald Trump has issued a stark warning to Hamas, demanding the immediate release of hostages held in Gaza. Trump took to his Truth Social platform to deliver the ultimatum, stating, "Release all of the Hostages now, not later, and immediately return all of the dead bodies of the people you murdered, or it is OVER for you".

The warning comes amid unprecedented direct talks between U.S. officials and Hamas, a significant departure from the longstanding U.S. policy of avoiding direct engagement with the group, which is designated as a terrorist organization by Washington. The discussions, led by U.S. hostage affairs envoy Adam Boehler, aim to secure the release of American hostages still held in Gaza.

Trump's message also included a broader threat to the people of Gaza, stating, "A beautiful Future awaits, but not if you hold Hostages. If you do, you are DEAD!". This ultimatum follows a recent ceasefire agreement and the release of some hostages, but tensions remain high as the situation continues to evolve.

The former president's aggressive stance has drawn mixed reactions, with some praising his firm approach while others express concern over the potential for further escalation. As the world watches closely, the outcome of these negotiations remains uncertain.



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