US Dollar Higher Against The Loonie on Rate Rise Hopes

01:50 PM EDT, 09/15/2026 (MT Newswires) -- The US dollar strengthened against the Canadian currency Tuesday afternoon on expectations that the US Federal Reserve may raise interest rates this week. Gold prices fell on rate-rise expectations, with Comex gold December futures down 0.4% to $4,334.70 per ounce. US 10-year bond yields were up 2.6 basis points Tuesday afternoon to 5.014%. The greenback was last seen up 0.1% to CA$1.3912. Oil prices continue to stay above the $100 mark as fighting intensified in the Middle East, and adding to inflationary pressures. West Texas Intermediate October futures benchmark jumped 5.1% to $106.56 while November Brent crude futures climbed 3.3% to $109.17.