Canadian Dollar Forecast: USD/CAD Coils Ahead of Reciprocal Trump Tariffs
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The USD/CAD exchange rate remains within its February range, unable to surpass the monthly high of 1.4543. However, potential reciprocal tariffs by the US, set to be imposed by President Trump on April 2, could influence the exchange rate.
March 18, 2025 | 11:30 am
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USD/CAD is trading within its February range, but potential US reciprocal tariffs could impact the exchange rate.
The USD/CAD exchange rate is currently stable within its February range. However, the announcement of reciprocal tariffs by the US could lead to increased volatility and potential movement in the exchange rate, depending on market reactions to the trade policy changes.
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