Canadian dollar gains as tariff-threat shock fades
The Canadian dollar extended its recovery from a 4-1/2 year low against its U.S. counterpart on Wednesday as investors bet on Canada avoiding threatened U.S. trade tariffs through negotiation and looked ahead to domestic GDP data.
Canadian dollar gains, moving closer to pre-tariff threat level
The loonie was trading 0.2 per cent higher at 1.4005 to the U.S. dollar, or 71.40 U.S. cents, moving closer to the roughly 1.3985 level prevailing before Trump vowed on Monday to impose a 25 per cent tariff on imports from Canada and Mexico as one of his first executive orders.
Canadian Stocks Drop as Traders Sell Into Trump’s Tariff Threats
Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.
Canadian dollar pares decline after Trump tariff pledge shock
The Canadian dollar clawed back some of its decline against its U.S. counterpart on Tuesday as investors weighed the likelihood of hefty trade tariffs pledged by U.S. President-elect Donald Trump on Canadian products being implemented.
Canadian Stocks Drop on Trump’s Tariff Threats
Industrial stocks led declines in Toronto on Tuesday after US President-elect Donald Trump threatened 25% tariffs on goods produced in Canada and Mexico on Monday night.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City,
Canadian dollar falls to lowest point since 2020 after Trump tariff threats
The Canadian dollar was trading at 70.87 cents US early Tuesday, down from 71.53 cents US on Monday, following U.S. president-elect Donald Trump's pledge to impose a 25 per cent tariff on all Canadian imports.
Dollar Up, Europe Stocks Come Under Fire as Trump Vows Tariffs
Trump said in a post on Truth Social that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China, citing concerns over illegal immigration and the trade of illicit drugs.
Canadian Dollar Struggles to Recover Materially Amid Trump Risks
The yen weakened against other G-10 and Asian currencies in the morning session on likely position adjustments by market ...
Canadian Dollar traders water with markets broadly shuttered for US holiday
Canada’s Current Account came in at -3.23 billion in the third quarter, better than the expected -9.3 billion and rebounding ...
Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie ...
Husky Midstream Weighs Canadian Dollar Bond Sale This Week
Husky Midstream LP, a pipeline company, is looking at selling at least C$400 million ($284 million) of Canadian dollar bonds ...
Canadian Dollar catches a break from selling pressure on Wednesday
The Canadian Dollar (CAD) caught a much-needed bid on Wednesday, clawing back a sliver of recently-lost ground after the ...
Canadian dollar pares decline after Trump’s tariff pledge shock
The Canadian dollar CADUSD clawed back some of its decline against its U.S. counterpart on Tuesday as investors weighed the ...
Canadian dollar steadies as bond market rallies, oil tumbles
The Canadian dollar steadied against its U.S. counterpart on Monday as the bond market's enthusiasm about the choice of U.S.
USD/CAD drops even though US Dollar rebounds, Canadian Q3 GDP in focus
This week, investors will focus on the Canadian Q3 Gross Domestic Product (GDP) data, which will be published on Friday. The Canadian economy is estimated to have expanded by 1% compared to the same ...