USD/CAD Analysis: Canadian dollar weakens as tariff risks return

Published Jul 21, 2026 1:32 PM Source: Forexcom Event Time: Jul 21, 2026 1:32 PM

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USD/CAD Analysis: Canadian dollar weakens as tariff risks return

Source: Forexcom - https://www.forex.com/en-us/news-and-analysis/usdcad-analysis-canadian-dollar-weakens-as-tariff-risks-return/
Published: Jul 21, 2026 1:32 PM

It has not been an easy start to the week for the Canadian dollar. Now, renewed weakness in the currency is becoming evident, while USD/CAD has gained more than 0.6% over the last 2 trading sessions, reflecting U.S. dollar strength and a new loss of momentum in the CAD.

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