1844 ET - The Canadian dollar gains about a cent against USD in late afternoon trading, following news of a 30-day reprieve from a 25% US tariff. USDCAD sits at C$1.4401, or below a peak of C$1.4788 less than 24 hours earlier. TD Securities, though, is sticking with its call that USDCAD reaches C$1.50 in 1Q, citing a "relatively weak" macroeconomic backdrop and heightened trade uncertainty. The 25% U.S. tariff has been delayed, but firm argues the dips "will be brief and shallow." (paul.vieira@wsj.com; @paulvieira)
(END) Dow Jones Newswires
February 03, 2025 18:45 ET (23:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。