USD/CAD remains below 1.4300 amid news of Canada facing US tariffs lowest tier
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The USD/CAD currency pair is experiencing a decline, trading below 1.4300, as reports suggest Canada might face the lowest tier of US tariffs. This development has led to a strengthening of the Canadian Dollar in the forex markets.
March 26, 2025 | 4:00 am
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The Currency Shares Canadian Dollar Trust (FXC) may see price movements due to the strengthening Canadian Dollar amid potential US tariff discussions.
The strengthening of the Canadian Dollar suggests a potential upward movement for the FXC ETF, which tracks the CAD's performance against the USD.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70