The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 3, 2026
· 3 min read
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Canadian dollar sinks to eight-week low as global tariff shock intensifies
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
Canadian dollar sinks to eight-week low as global tariff shock intensifies
FERGAL SMITH
REUTERS
PUBLISHED JUNE 3, 2026
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The Canadian dollar weakened to an eight-week low against its U.S. counterpart on Wednesday as escalation in the global trade and Middle East wars hurt investor sentiment.
The loonie was trading 0.4% lower at 1.3899 per U.S. dollar, or 71.95 U.S. cents, marking its lowest level since April 7.
Gulf hostilities flared again as Iranian…
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