Gold Research
Canadian Dollar: Tariffs and soft CPI pressure Loonie – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Canadian Dollar (CAD) is underperforming other high-beta currencies after the Trump administration announced a 50% tariff on nearly $20 billion of Canadian imports, excluding energy and some key goods.
Brown Brothers Harriman’s (BBH) Elias Haddad notes the Canadian Dollar (CAD) is underperforming other high-beta currencies after the Trump administration announced a 50% tariff on nearly $20 billion of Canadian imports, excluding energy and some key goods.
Gold impact rationale
Cooling inflation weakens demand for gold as an inflation hedge.
- Source: FXStreet news
- 2026-07-21
- inflation
Topics: gold news, gold price impact, inflation