If we look at the Usdcad Daily chart, we can clearly see that the uncertainty was the name of the game. There was a lot of fluctuations and short -term trading opportunities yes, but in general, the husband has been stuck in a domain since December.
Usdcad daily
Yesterday, we got a file a report From CNBC, quoting one official, he says that it is expected to raise the Kinda/Mexico Ventanil tariff. This seems to be a very reasonable scenario given that Trump himself recently admitted that the two countries “have risen a lot.” Usdcad decreased after the CNBC report (the graph for one hour below), but it has been unified since then we also happened statement From Carney’s office talks about plans to combat unjustified trade procedures.
USDCAD 1 hour
But the noise did not stop there. Overnight, we got Canadian media report The country is likely to avoid the Canadian jobs and raise prices. We are now very close to the advertisement and it is best to ignore all noise and wait for the official version. CAD is likely to be able to appreciate positively if we get positive news.