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About: anakin
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After a dip due to tariff reports, the Canadian Dollar recovers and performs relatively well.
The Canadian Dollar recovers, supported by a softer US Dollar and narrowing US/Canada 2Y spreads amid tariff concerns.
Tariff reversals may occur Sunday, coinciding with Prime Minister Trudeau’s successor announcement and market implications.
Mexico will delay tariffs announcement until Sunday, coinciding with Canada’s Liberal Party leadership decision, likely impacting elections.
The USD weakened as President Trump’s tariffs deadline approached for Canada, Mexico, and China.
Trump imposes tariffs on Canada, Mexico, China; manufacturers urged to build in US amid economic concerns.
Trudeau insists on Canada’s resilience amidst impending tariffs and disputes Trump’s fentanyl claims as unfounded.
Trudeau announces $30 billion tariffs, challenges under USMCA and WTO, citing inaccurate fentanyl claims and economic risks.
US Treasury Secretary Scott Bessent expressed determination to lower interest rates in a Fox News interview.
US Treasury Secretary Scott Bessent plans rate cuts, asserting Chinese manufacturers will absorb tariffs; USD Index fell.
