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The Canadian dollar recovered some of its losses against the US dollar on Tuesday after Trump's pledge of hefty tariffs on Canadian products. The loonie traded 0.5% lower at 1.4060 per US dollar after hitting its weakest intraday level since April 2020 at 1.4177.
Investors were weighing how likely the tariffs were to be implemented.
Tariffs on Canadian goods threaten trade flows into the US, and a weaker loonie raises the cost of Canadian-origin inputs for buyers. Currency weakness can also shift the competitiveness of Canadian grain and oilseed exports.
reuters.comFergal Smith26 nov 2024Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Tras 45 eventos alcista de comercio pasados, Dólar estadounidense (amplio) se movió una mediana de -0,0 % en 5 sesiones (42% al alza; mitad central entre -0,3 % y +0,4 %), y -0,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
