Apparently, the weakening trend of King Greenback is persisting into Jackson Hole. I tend to agree with those who think JPOW will walk back expectations of a 50 bp cut in September.
In event of that, expect CAD to weaken back to 1.3650 at the very least.
USD/CAD took 12 hours to finally wake up about Canada rail strike
https://www.msn.com/en-ca/news/politics/canadian-rail-services-shut-down-as-cn-cpkc-workers-locked-out/ar-AA1pf7JV?ocid=socialshare&pc=ASTS&cvid=139a5bd72dd741558b8f3ea4f2fbc6eb&ei=20