USD/CAD Outlook: Loonie Drops After Trump’s 35% Tariff Shock

my USD/CAD forecast

The USD/CAD outlook suggests economic uncertainty in Canada. Trump announced a 35% tariff on imports from Canada, which weighed on the loonie. Market participants are awaiting Canada’s monthly employment report. The USD/CAD outlook suggests economic uncertainty in Canada following Trump’s announcement of a 35% tariff on goods from the country. As a result, the Canadian…

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