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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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Unrest and Uncertainty: Iran Signals Openness to U.S. Talks Amid Deadly Crackdown

 

This frame grab from footage circulating on social media shows protesters dancing and cheering around a bonfire on Friday in Tehran, Iran. Protesters have taken to the streets despite an intensifying crackdown.



A wave of intense unrest in Iran has drawn global attention, with rights groups reporting that more than 500 people have been killed during a sweeping crackdown on nationwide protests. What began as demonstrations over economic hardship has rapidly evolved into broader demands for political change, marking one of the most significant challenges to Iran’s leadership in years.

Amid the turmoil, an unexpected diplomatic opening has emerged. U.S. officials have indicated that potential talks with Iran may be possible, noting signals from Tehran that communication channels remain open. The prospect of dialogue comes at a moment of heightened tension, as Washington weighs how to respond to the violence while also exploring opportunities to reduce long‑standing hostilities.

The Iranian government has historically responded forcefully to mass protests, but observers say the current movement is more widespread and determined than previous waves of dissent. With internet access restricted and information difficult to verify, the full scope of the crisis remains uncertain.

Whether renewed U.S.–Iran engagement could ease the situation—or complicate it further—remains unclear. For now, the streets of Iran continue to reflect a volatile mix of anger, grief, and resilience as the world watches closely.


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