Pres Trump/ Canadian Prime Minister Trudeau have spoken since the tariffs took effect

According to CNN, the White House is saying that Pres Trump and Canadian Prime Minister Trudeau spoke since the tariffs took effect (not on Wednesday)

UPDATE: Canada is now saying that Canada PM did speak to Pres. Trump today. Vance and Lutnick were also on the call with PM Trudeau

• Trump and Trudeau discussed fentanyl and trade
• The call lasted around 50 minutes
• US and Canada will continue to hold discussions on Wednesday according to Canadian sources

The USDCAD has moved lower and retests its rising 200-hour moving average at 1.43579. .

Stocks have moved higher as well with the S&P up 0.66% and the Nasdaq up 0.86% currently.

This article was written by Greg Michalowski at www.forexlive.com.