United States NAHB Housing Market Index registered at 36, below expectations (38) in February

Feb 17, 2026

USD/CAD extends gains on softer Canada inflation, firmer US Dollar

The Canadian Dollar (CAD) weakens against the US Dollar (USD) on Tuesday after softer-than-expected headline inflation data reinforced signs of easing price pressure. At the time of writing, USD/CAD is trading around 1.3676, extending gains for a fifth consecutive day.

NOK: Inflation shock reshapes rate path – Rabobank

Rabobank’s Jane Foley notes that stronger-than-expected Norwegian CPI data has upended the Norges Bank’s easing narrative, pushing markets to price an extended pause instead of further cuts.