美联储指引走强美元，加元跌至五年低点

投资者寻求保护以防止加元进一步下跌，加元兑美元汇率下跌0.9%至1.4440，即69.25美分。

The Canadian dollar slid to its lowest level in nearly five years against the U.S. dollar on Wednesday, as hawkish guidance from the Federal Reserve propped up the greenback, prompting investors to snap up protection against further declines in the loonie.

周三，加元兑美元汇率跌至近五年来的最低水平，因美联储的鹰派指引支撑了美元，促使投资者抢购保护措施以防止加元进一步下跌。

The loonie was trading 0.9% lower at 1.4440 to the U.S. dollar, or 69.25 U.S. cents, marking its weakest intraday level since March 2020.

加元兑美元汇率下跌0.9%，至1.4440，即69.25美分，创下2020年3月以来的最低盘中水平。

The U.S. dollar soared against a basket of major currencies after the Fed delivered a widely anticipated interest rate cut, while also signaling a slower pace for its monetary policy easing cycle.

在美联储宣布降息后，美元兑一篮子主要货币飙升，同时也表明其货币政策宽松周期步伐放缓。

“We knew it was going to be a hawkish cut today. … It’s uber-hawkish,” said Erik Bregar, director of FX & precious metals risk management at Silver Gold Bull.

“我们知道今天的降息将是强硬的。 ......这是超级鹰派，”Silver Gold Bull 外汇和贵金属风险管理总监 Erik Bregar 表示。

“Nobody likes it. Stocks don’t like it, bonds don’t like it, precious metals don’t like it, the risk-sensitive Canadian dollar doesn’t like it. The only thing up is the U.S. dollar.”

“没有人喜欢它。股票不喜欢，债券不喜欢，贵金属不喜欢，风险敏感的加元不喜欢。唯一上涨的是美元。”

The Canadian dollar has also been battered by domestic political uncertainty, the ongoing threat of U.S. trade tariffs, and the Bank of Canada’s aggressive interest rate cuts, which have put pressure on the currency in recent months.

加元还受到国内政治不确定性、美国贸易关税的持续威胁以及加拿大央行大幅降息的打击，这些因素近几个月给加元带来压力。

As a result, demand for protection against a further decline in the loonie has surged.

因此，针对加元进一步贬值的保护需求激增。

“Demand for protection against a downside move in the loonie has soared,” said Karl Schamotta, chief market strategist at Corpay.

Corpay 首席市场策略师卡尔·沙莫塔 (Karl Schamotta) 表示：“针对加元下行走势的保护需求激增。”

Implied volatility on Canadian dollar options hit its highest level since April 2023, climbing to about 6.6.

加元期权的隐含波动率创下2023年4月以来的最高水平，攀升至约6.6。

Meanwhile, Canadian bond yields were higher across the curve, tracking the moves in U.S. Treasuries. The 10-year yield rose 8.2 basis points to 3.224%.

与此同时，加拿大债券收益率跟随美国国债的走势走高。 10年期国债收益率上涨8.2个基点至3.224%。