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USD/CAD Outlook: Tariff Relief Sparks Recovery in Loonie

by Forex Crunch
February 4, 2025
in Forex Analysis
Reading Time: 1 min read

The US and Canada agreed to pause the 25% tariff announced on Monday. A 10% tariff on Chinese goods took effect on Tuesday. Business activity in Canada’s manufacturing sector slowed in January. The USD/CAD outlook shows a sharp shift in sentiment that has boosted the Canadian dollar. A pause in Trump’s tariffs on Canada allowed…
The post USD/CAD Outlook: Tariff Relief Sparks Recovery in Loonie appeared first on Forex Crunch.
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