Tag: Canadian dollar
USD/CAD Strengthens as Market Weighs Trump Tariff Threat and Canadian Jobs Data
Posted by Cassius Montgomery in Business
11Jul
The USD/CAD currency pair is regaining strength, bouncing off key support levels as traders navigate Trump’s proposed tariffs on Canadian goods and await crucial Canadian employment reports. Technical charts show resistance at 1.3700, with upside potential if broken. Market uncertainty persists amid shifting geopolitical risks.
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