Dollar Is No Longer in Fashion: Canada Fund Recommends Gold, Yen and Franc After Green Ticket Drop
2 Articles
2 Articles
One of Canada’s largest institutional investors is recommending the Swiss franc, Japanese yen and gold as possible alternatives to the US dollar, while President Donald Trump’s policies push the dollar. The US dollar depreciated even when Treasury bond yields rose after Trump’s tariff announcements on April 2, which could indicate that investors no longer consider the currency as a safe haven, Ontario’s Investment Management Corp. declared Wedne…
The Investment Management Corporation of Ontario (IMCO), one of Canada’s largest institutional pension funds that manages about 86 billion Canadian dollars, has issued a warning about the US dollar. In its recently published World View 2026 annual report, the fund highlights how President Donald Trump’s policies, particularly his April 2, 2025 tariff announcements, are generating pressures that could erode the traditional status of the dollar as…
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