USDCAD Tariff Pressure, Dollar Strength, USDCAD Uptrend Maintained
Canadian Dollar / U.S. Dollar forum
USDCAD Tariff Pressure, Dollar Strength, USDCAD Uptrend Maintained
USDCAD - CAD is due for a beating1. 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 both my trades today were fire
USDCAD What we're seeing here is smart money unloading into this emotional rally. Reversal or stall to follow.USDCAD short here?
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
USDCAD 1.36734 Entry
1.37113 TP
1.36635 SL
USDCAD Sell USDCAD now