Tuesday , 26 November 2024
Home Forex CAD weaker but off lows – Scotiabank
Forex

CAD weaker but off lows – Scotiabank

USD/CAD snapped higher through the upper 1.41 area in response to Trump’s tariff comments last night but the CAD has stabilized through Asian and European to trade back around the 1.41 level, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

FOMC Minutes: Many said uncertainty over neutral rate made it appropriate to move slowly

Highlights from the Nov 6-7 FOMC decision:🔹 ON FUTURE POLICY PATH: "Participants...

FOMC Minutes coming up at the top of the hour

Heads up, the FOMC Minutes are due at the top of the...

No help from OPEC reports: Oil slumps

WTI crude oil is at the lows of the day, down $0.80...

Trump’s plan to impose 25% tariffs on Canadian and Mexican imports doesn’t exempt oil

Does anyone seriously think he's going to put those tariffs on 6...