# Canadian dollar falls as U.S.-China tensions threaten global outlook - The Globe and Mail

> The Canadian dollar weakened on Thursday as rising US-China tensions over Hong Kong security laws weighed on sentiment. Canada Mortgage and Housing Corporation forecast house price declines of up to 18% over the next 12 months.

- Date: 2020-05-21 · published 2020-05-21T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/53360-canadian-dollar-falls-as-u-s-china-tensions-threaten-global-outlook-the-globe
- Commodities: [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Escalating US-China tensions threaten global trade and growth, which can pressure demand for commodities, though this article is mainly about currency moves.

## Read by commodity

- USDCAD: neutral

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-clings-to-this-weeks-gains-as-oil-rallies/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.