1211 GMT - The Canadian dollar is a notable laggard in the currency market with only marginal gains against a weaker U.S. dollar, Monex Europe analysts say in a note. That makes sense after President Trump imposed a 25% tariff on Canadian imports Tuesday, they say. "Tariffs should mean that the [Canadian dollar] trades at a discount, and that is increasingly being priced." Canada will come off much worse compared with the U.S. economy following these tariffs and Canada's retaliatory measures, they say. The U.S. dollar's weakness could keep the Canadian dollar near current levels in the near term, they say. However, USD/CAD could rise to 1.50 in the longer run if Canada-U.S. trade tensions persist, they say. USD/CAD falls 0.1% to 1.4386.(renae.dyer@wsj.com)
(END) Dow Jones Newswires
March 05, 2025 07:11 ET (12:11 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。