Canadian dollar jumps as Canada avoids immediate U.S. tariffs
The Canadian dollar strengthened to a near 5-week high against its U.S. counterpart on Monday as the prospect of U.S. trade tariffs grew less imminent and a Bank of Canada survey showed that firms are beginning to anticipate improved activity.
Foreign exchange (forex) trading is a popular activity for currency speculators, and Canadian dollar pairs provide an excellent opportunity for profit. However, forex is not a market for the ...
As 2025 approaches, questions about the future of the Canadian dollar (CAD) are becoming more pressing. With economic factors like inflation, interest rates, global supply chain disruptions ...
The Canadian Dollar found a scant 0.2% gain against the Greenback. Data from Canada remains limited on the docket throughout this week. Cooling core CPI inflation figures from the US are pushing ...
Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and ...
Prime Minister Justin Trudeau says he’s ready to hit back ‘dollar for dollar’ if U.S. President Donald Trump goes ahead with his plan to impose a 25 per cent tariff on Canadian goods on Feb. 1.
President Donald Trump’s repeated threats to slap steep tariffs on Canada and other friendly nations have left Toronto with ...
The dollar was gaining against major currencies Tuesday. According to ING, the Canadian dollar and the Mexican peso risk falling further against the U.S. dollar if President Trump follows through on ...
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