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Canadian Dollar Dips as U.S. Tariff Uncertainty Spooks Investors, but Traders Ramp up Bullish Bets
The US dollar fell broadly in global markets as President Trump’s new tariff threats heightened uncertainty about the US economy and global trade, with an 8.1% drop in 2025.
- On February 23, 2026, the US dollar fell after President Donald Trump raised a global levy to 15%, heightening concerns about the economy and trade.
- Last week the US Supreme Court ruled against President Donald Trump’s emergency powers to set tariffs, prompting the administration to impose a 10% global levy as an alternative.
- A Bloomberg gauge of the greenback retreated as much as 0.3 on Feb 23, with S&P 500 futures falling around 0.6%–0.7% in Asian trade.
- Tariff friction spilled over on Feb 22 when Europe’s trade chief proposed halting ratification and India postponed talks, but US Trade Representative Jamieson Greer said deals with partners remain in place.
- Goldman Sachs Group strategists say the broad dollar decline likely reflects fresh policy uncertainty, which could influence Fed decisions and global growth.
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Cryptocurrency News | Cryptocurrency Prices | Market CapDollar Drops With US Futures on Tariff Uncertainty: Markets Wrap
(Bloomberg) -- The dollar and futures on the S&P 500 slid on Monday as uncertainty over trade policy damped sentiment toward US assets and raised the prospect of heightened volatility across global markets.
·Bern, Switzerland
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Coverage Details
Total News Sources17
Leaning Left2Leaning Right3Center2Last UpdatedBias Distribution43% Right
Bias Distribution
- 43% of the sources lean Right
43% Right
L 29%
C 28%
R 43%
Factuality
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