Gold Research

Canadian Dollar falls to one-week low vs USD on divergent BoC-Fed bets, Trump tariffs

The USD/CAD pair is seen buying on the previous day's solid rebound from the 1.4000 psychological mark, or its lowest level since June 17, and gaining positive traction for the second straight day on Tuesday.

The USD/CAD pair is seen buying on the previous day's solid rebound from the 1.4000 psychological mark, or its lowest level since June 17, and gaining positive traction for the second straight day on Tuesday.

Gold impact rationale

A weaker U.S. dollar typically supports dollar-denominated gold.

  • Source: FXStreet news
  • 2026-07-21
  • dollar

Topics: gold news, gold price impact, dollar