United States dollar, tariffs among Canadian concerns #Canadian #CDNEcon #CDNNews
3 Articles
3 Articles
The dollar should end the week in the green, provided the data plays ball - Monex Europe
USD The DXY index continues to hover in the low 1.04’s, despite what should be a broadly constructive tariff backdrop. Explaining this, we think markets have been happy so far to price in the growth negative impact of further tariff threats, but cautious on factoring in the dollar positive impact of higher tariff barriers, given this administration’s track record of flip-flopping on previous announcements. That said, this also leaves dollar risk…
2025 - Automotive Tariffs Impact Mixed Dollar as Mexican Peso and Canadian Dollar Decline
Market optimism surrounding potential tariff flexibility from Mr. Trump has bolstered risk sentiment and the U.S. dollar, despite traders’ anxieties ahead of upcoming tariff announcements on April 2. Recent tariff enforcement on imported vehicles has led to currency fluctuations, with the Mexican peso and Canadian dollar weakening. The euro has rebounded after a decline, while central banks assess the impact of tariffs on growth and inflation. A…
United States dollar, tariffs among Canadian concerns #Canadian #CDNEcon #CDNNews
Ellicottville is a year-round getaway for many, but some businesses are keeping a close eye on the Canadian dollar and recently imposed tariffs. ELLICOTTVILLE, N.Y. — Ellicottville is a year-round getaway for outdoor lovers, but some businesses are keeping a close eye on the Canadian dollar and recently imposed tariffs. With the U.S. dollar currently worth about $1.43 Canadian, visitors from across the border are paying more when they dine, sho…
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