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USD/CAD Eyes 1.40 on Tariff Risks Threatening Loonie

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • National Bank projects the Canadian dollar could weaken near term toward 1.40 against the US dollar due to US tariff risks and trade frictions.
  • However, if trade negotiations conclude favorably, the loonie could recover toward 1.33 in the long term.
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USDCAD price history

1.39 +0.72% over the displayed period

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