Thursday , 14 November 2024
Home Forex USD/CAD rises above 1.3900 amid lower Oil prices, potential Trump’s tariffs
Forex

USD/CAD rises above 1.3900 amid lower Oil prices, potential Trump’s tariffs

USD/CAD seems to extend its gains as US Dollar (USD) appreciates as traders anticipate a less dovish stance from the Federal Reserve (Fed), as Donald Trump is likely to pursue his campaign promises to enact substantial tariffs, including a 10% increase on imports and a reduction in corporate taxes.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Australian jobs report recap – “remains in relatively solid health”

The data is here from earlier:Australian October unemployment rate 4.1% (vs. 4.1%...

Bank of England Monetary Policy Committee member Mann is speaking again on Thursday

Mann spoke Wednesday:BOE's Mann: I describe myself as an 'activist' rather than...

Another one (big figure) bites the dust – USD/JPY pops above 156.00

Still no efforts from Japan to talk up the yen. The USD...

South Korea Money Supply Growth climbed from previous 5.3% to 5.6% in September

South Korea Money Supply Growth climbed from previous 5.3% to 5.6% in...