# Canadian dollar edges lower as trade tensions weigh - The Globe and Mail

> The Canadian dollar edged lower on Monday, close to a near four-month low, as US-China trade tensions weighed on risk appetite. APEC leaders failed to agree a communique, and US Vice President Pence said tariffs on $250 billion of Chinese goods would stay until China changed.

- Date: 2018-11-19 · published 2018-11-19T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/62273-canadian-dollar-edges-lower-as-trade-tensions-weigh-the-globe-and-mail
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

Escalating US-China tariff friction threatens global demand for agricultural exports and weighs on commodity-linked currencies. Continued trade hostility keeps pressure on soybean and grain export demand.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDCAD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-06-28 | [Canadian soybean producers sideswiped by U.S.-China trade battle - The Globe and Mail](https://feedsoft.ai/events/64569-canadian-soybean-producers-sideswiped-by-u-s-china-trade-battle-the-globe-and.md) | -3.7% | -0.7% |
| SOY | 2018-03-23 | [As trade tensions mount, China soybean buyers devise contingency plans \| The Western Producer](https://feedsoft.ai/events/65866-as-trade-tensions-mount-china-soybean-buyers-devise-contingency-plans-the.md) | +1.5% | -0.1% |
| SOY | 2025-03-04 | [U.S. grains: Corn, wheat, soy futures slide as trade tensions flare](https://feedsoft.ai/events/8145-u-s-grains-corn-wheat-soy-futures-slide-as-trade-tensions-flare.md) | +0.2% | +1.7% |
| SOY | 2025-03-04 | [Dollar Slides as Trade-War Risk Drives Investors to Other Havens](https://feedsoft.ai/events/9709-dollar-slides-as-trade-war-risk-drives-investors-to-other-havens.md) | +0.2% | +1.7% |
| SOY | 2018-06-25 | [Soybeans, corn down on trade tensions, weather - Brownfield Ag News](https://feedsoft.ai/events/8583-soybeans-corn-down-on-trade-tensions-weather-brownfield-ag-news.md) | -4.0% | -5.2% |
| CORN | 2025-03-04 | [U.S. grains: Corn, wheat, soy futures slide as trade tensions flare](https://feedsoft.ai/events/8145-u-s-grains-corn-wheat-soy-futures-slide-as-trade-tensions-flare.md) | +3.2% | +4.7% |
| CORN | 2025-03-04 | [Dollar Slides as Trade-War Risk Drives Investors to Other Havens](https://feedsoft.ai/events/9709-dollar-slides-as-trade-war-risk-drives-investors-to-other-havens.md) | +3.2% | +4.7% |
| CORN | 2018-06-25 | [Soybeans, corn down on trade tensions, weather - Brownfield Ag News](https://feedsoft.ai/events/8583-soybeans-corn-down-on-trade-tensions-weather-brownfield-ag-news.md) | -1.1% | -3.7% |

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/market-news/article-canadian-dollar-edges-lower-as-oil-price-slips/

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