USD/CAD Outlook: Tariff Relief Sparks Recovery in Loonie
The US and Canada agreed to pause the 25% tariff announced on Monday. A 10% tariff on Chinese goods took effect on Tuesday. Business activity in Canada’s manufacturing sector slowed in January. The USD/CAD outlook shows a sharp shift in sentiment that has boosted the Canadian dollar. A pause in Trump’s tariffs on Canada allowed... The post USD/CAD Outlook: Tariff Relief Sparks Recovery in Loonie appeared first on Forex Crunch.
The US and Canada agreed to pause the 25% tariff announced on Monday. A 10% tariff on Chinese goods took effect on Tuesday. Business activity in Canada’s manufacturing sector slowed in January. The USD/CAD outlook shows a sharp shift in sentiment that has boosted the Canadian dollar. A pause in Trump’s tariffs on Canada allowed...
The post USD/CAD Outlook: Tariff Relief Sparks Recovery in Loonie appeared first on Forex Crunch.
