USD/CAD price action: Trump's tariffs and the loonie

67
USD/CAD is approaching 1.4180, its lowest since mid-2020, influenced by Trump's recent 25% tariff hike impacting Canadian exports like oil, gas, and vehicles. While these tariffs pose challenges, Canada's economy shows resilience with higher-than-expected inflation and strong employment data, reducing the likelihood of significant rate cuts by the Bank of Canada. Concurrently, the US dollar strengthens, supported by anticipated policy changes and tariff impacts.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.