1221 GMT - The Canadian dollar faces further falls in the coming months even after President Trump postponed 25% tariffs on many imports from Canada for a month, ING analysts say in a note. Even without a flat 25% tariff, Canadian goods are being selectively targeted by the U.S., while reciprocal tariffs are looming, they say. Canada should be "disproportionately affected" by tariffs due to its high export volumes to the U.S., they say. With the dollar likely to recover this summer, USD/CAD could trade above 1.45, they say. USD/CAD rises 0.2% to 1.4404. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
March 10, 2025 08:21 ET (12:21 GMT)
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