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USD/CAD Outlook: Safe Havens Hit by Trump’s Optimism

by Forex Crunch
January 24, 2025
in Forex Analysis
Reading Time: 1 min read

Trump failed to provide guidance on the proposed 25% tariff on Canadian goods. The US president said the Fed should continue lowering borrowing costs. Data from Canada revealed that retail sales made no change in November. The USD/CAD outlook shows the impact of Trump’s tariff threats fading, allowing the Canadian dollar to recover. On the…
The post USD/CAD Outlook: Safe Havens Hit by Trump’s Optimism appeared first on Forex Crunch.
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