Categories Finance

Trump reiterates Feb 1 data for Canada and Mexico tariffs

USD/CAD rose on this, though only by a dozen pips to 1.4377.

Yesterday Deutsche Bank argued that USD/CAD would go to 1.53 with tariffs and as high as 1.61 in a trade war, so you can see that the market is pricing this more as a threat than a reality.

This article was written by Adam Button at www.forexlive.com.

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