Inflation data solidified bets for at least two Fed rate cuts this year. Trump’s policy proposals have ignited bets of robust demand. Trump has threatened to impose a 25% tariff on goods imported from Canada. The USD/CAD outlook suggests growing bullish sentiment as the Canadian dollar weakens ahead of Trump’s likely import tariffs. Meanwhile, the…
The post USD/CAD Outlook: Looming Trump Tariffs Weighs on CAD appeared first on Forex Crunch.
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