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The Canadian dollar shed a quarter of a percent against the US dollar on Tuesday, pushing USD/CAD back into the 1.4300 area. Weak US consumer sentiment and renewed threats of 25% tariffs on Canadian and Mexican goods weighed on the loonie.
Tariff threats on Canadian goods raise uncertainty for North American oilseed and grain trade, and a weaker loonie can make Canadian exports more competitive.
fxstreet.comJoshua GibsonFeb 25, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
