Canadian Dollar / U.S. Dollar

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Canadian Dollar / U.S. Dollar forum



USDCAD - CAD is due for a beating

1. Rate differential (CAINTR 2.75, USINTR 4.5)
2. Canadian economy already in a slowdown (potential need for further rate cuts) while US is holding pat on rates, likely widening rate gap further
3. US tariffs - anecdotally Canadian reciprocity will not suffice on this front, because the US imports more than it exports to Canada (roughly $63 billion in 2024)

😔🇨🇦


USDCAD What we're seeing here is smart money unloading into this emotional rally. Reversal or stall to follow.


USDCAD Trump said, he's going to send tariff letters to EU, Canada on Friday. That's why it's rising right now.

USDCAD y'all feed on this been waiting all week for this one
Snapshot


USDCAD I’m bullish for the longest but this retracement is crazy USDCAD