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Global equity indexes in free fall China retaliates with a 50% tariff hike to 84% for US imports. US dollar falling as investors “sell America.” USDCAD: open 1.4206, overnight range...
Trump escalates trade with China. Global equity markets grinding out gains. US dollar opens lower compared to Monday close. USDCAD: open 1.4198 overnight range 1.4146-1.4246, close 1.4252, WTI 60.82, Gold...
Loonie is steady in wake of USD risk-aversion rally. Global equity markets drowning in sea of red US dollar opens on a mixed note-antipodean currencies underperform. USDCAD: open 1.4262, overnight...
Economic Outlook and Summary Trump’s trade tirade scorched the earth in March—his tariffs sparked retaliatory threats from China, a diplomatic cold front with Mexico, and Canada. Trump nailed Canada and...
Markets treading water ahead of Tariff announcements at 4:00 pm EDT. US ADP payrolls data in focus (forecast 105,000, previous 77,000) US dollar retreats modestly in quiet session. USDCAD: open...
Looming tariffs are weighing on the Loonie US ISM Manufacturing PMI expected to dip to 49.5 from 50.3. US dollar trading sideways but bid against commodity bloc. USDCAD: open 1.4369,...
Risk aversion soars as tariff day nears Economic data takes a back seat to headlines. US dollar opens broadly mixed-Safe-haven currencies gain USDCAD: open 1.4353, overnight range 1.4276-1.4362, close 1.4320,...
Loonie traders ignoring tariff threats. Canadians hoping to avoid the worst of Trump’s tariffs. USD dollar opens with modest losses. USDCAD: open 1.4253, overnight range 1.4247-1.4299, close 1.4280, WTI 69.46,...
Improved risk sentiment on Tariff walk-back lifts Loonie. US consumers may not be very confident. USD trading defensively but inside well-defined ranges. USDCAD: open 1.4319, overnight range 1.4285-1.4333 close 1.4319,...
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