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USDCAD Surges Past 1.38 as US-Canada Tariff War Escalates

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The Story

News Summary

  • The Canadian dollar weakened toward 1.38 against the US dollar as US-Canada trade tensions escalated following collapsed talks.
  • Massive proposed tariffs threaten Canadian economic growth, reducing expectations for Bank of Canada interest rate hikes.
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Stored market data

USDCAD price history

1.39 +0.72% over the displayed period

Advisor Snapshot

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