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.
Read Full Story
- USD/CAD Outlook: Loonie Relieved as BoC Hits Pause - April 17, 2025
- AUD/USD Forecast: Markets Eye RBA Cut Despite Solid Jobs Data - April 17, 2025
- GBP/USD Forecast: UK Inflation Miss Fails to Deter Sterling Rally - April 16, 2025