Canadian Dollar Continues to Recover From Tariff Hit -- Market Talk

Dow Jones
02-05

0837 GMT - The Canadian dollar rises to a two-week high against the U.S. dollar as it continues to recover after President Trump agreed to pause a 25% tariff on Canada, ING's Francesco Pesole says in a note. The Canadian dollar could rise further if tariff risks are entirely priced out, he says. There is a residual 1% risk premium embedded into USD/CAD. "That said, we are not sure markets will or should move to a completely optimistic stance on the U.S.-Canada trade spat." There are no clear hints Canada will be spared from another round of potential universal tariffs. USD/CAD could fall to 1.42 in the short-term but risks remain skewed to 1.45 this summer. USD/CAD falls to a low of 1.4289. (renae.dyer@wsj.com)

 

(END) Dow Jones Newswires

February 05, 2025 03:37 ET (08:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10