USD/CAD declines below 1.4300 as US Dollar slumps on Trump tariff woes
Portfolio Pulse from
The USD/CAD currency pair experienced a sharp decline, dropping below 1.4300 level during North American trading hours. The US Dollar's weakness stems from ongoing concerns about trade tariffs, causing the Canadian Dollar (Loonie) to strengthen.
March 25, 2025 | 2:15 pm
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POSITIVE IMPACT
The Currency Shares Canadian Dollar Trust (FXC) is likely to see price appreciation due to the US Dollar's decline and Canadian Dollar's strengthening.
The weakening US Dollar against the Canadian Dollar directly impacts the FXC ETF's performance, potentially driving its price upward.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80