Trump: Canada’s (currency) Dollar imbalance with the U.S. is unacceptable. It has been that way for years - but no longer! President DJT - Forex Factory
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Trump: Canada’s (currency) Dollar imbalance with the U.S. is unacceptable. It has been that way for years - but no longer! President DJT Forex Factory
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The current disarray in US-Canada trade negotiations is likely to maintain a bearish outlook for the Canadian dollar against the US dollar in the near term. President Trump's abrupt cancellation of discussions, primarily triggered by political advertisements from Ontario, signals a complex landscape for trade relations. Per the full note from UBS, the absence of specific policy reversals makes a swift resolution less likely, potentially amplifying volatility in FX markets as uncertainty grows. While markets may show restraint initially, the implications for upcoming discussions with China could surface, influencing broader market sentiment, particularly in the CAD/USD pair.
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