Canadian Dollar's Muted Reaction to U.S. Tariffs Seems Reasonable for Now

Dow Jones

Jul 21

0845 GMT - The Canadian dollar's limited reaction to President Trump imposing new tariffs on Canada appears justified for now, Commerzbank's Volkmar Baur says in a note. "Given the multitude of threats Trump has made in recent months--not all of which have been carried out--the muted reaction seems reasonable for now." However, trade tensions will dominate news surrounding the Canadian dollar in coming weeks and the 50% tariff on a wide range of goods is likely to weigh on Canadian exports, he says. The U.S. dollar trades flat at 1.4065 Canadian dollars, having reached a one-week high of 1.4085 overnight, according to LSEG. The Canadian dollar's modest falls earlier could also reflect lower-than-expected June inflation data, he says. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

July 21, 2026 04:45 ET (08:45 GMT)

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The U.S. dollar trades flat at 1.4065 Canadian dollars, having reached a one-week high of 1.4085 overnight, according to LSEG. The Canadian dollar's modest falls earlier could also reflect lower-than-expected June inflation data, he says. 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The U.S. dollar trades flat at 1.4065 Canadian dollars, having reached a one-week high of 1.4085 overnight, according to LSEG. The Canadian dollar's modest falls earlier could also reflect lower-than-expected June inflation data, he says. (renae.dyer@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 21, 2026 04:45 ET (08:45 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FXC","symbol_name":"加元ETF-CurrencyShares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653152220","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653152220","pubTimestamp":1784623500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0845 GMT - The Canadian dollar's limited reaction to President Trump imposing new tariffs on Canada appears justified for now, Commerzbank's Volkmar Baur says in a note. \"Given the multitude of threats Trump has made in recent months--not all of which have been carried out--the muted reaction seems reasonable for now.\" However, trade tensions will dominate news surrounding the Canadian dollar in coming weeks and the 50% tariff on a wide range of goods is likely to weigh on Canadian exports, he says. The U.S. dollar trades flat at 1.4065 Canadian dollars, having reached a one-week high of 1.4085 overnight, according to LSEG. The Canadian dollar's modest falls earlier could also reflect lower-than-expected June inflation data, he says.  Dow Jones NewswiresJuly 21, 2026 04:45 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FXC":"加元ETF-CurrencyShares","FLCA":"Franklin FTSE Canada ETF","BK4582":"ESG ETF-MSCI"},"translate_title":"加元对美国关税的温和反应目前似乎是合理的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FXC":0.72,"FLCA":0.72},"content_text":"0845 GMT - The Canadian dollar's limited reaction to President Trump imposing new tariffs on Canada appears justified for now, Commerzbank's Volkmar Baur says in a note. \"Given the multitude of threats Trump has made in recent months--not all of which have been carried out--the muted reaction seems reasonable for now.\" However, trade tensions will dominate news surrounding the Canadian dollar in coming weeks and the 50% tariff on a wide range of goods is likely to weigh on Canadian exports, he says. The U.S. dollar trades flat at 1.4065 Canadian dollars, having reached a one-week high of 1.4085 overnight, according to LSEG. The Canadian dollar's modest falls earlier could also reflect lower-than-expected June inflation data, he says. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 21, 2026 04:45 ET (08:45 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}