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    USD/CAD slumps below 1.4300 as CAD capitalizes on Trump’s suspension of tariff orders

    Author AvatarBy Ruby Chambers No Comments 12 Mins Read
    • USD/CAD falls sharply below 1.4300 as the Canadian Dollar continues to advance on US President Trump’s decision to postpone tariffs on Canada.
    • BofA expects US tariff threats to China will continue to persist until a new USMCA deal gets negotiated.
    • Investors await the US ISM Services PMI and the ADP Employment data for December.

    The USD/CAD pair extends its losing streak below the key level of 1.4300 in Wednesday’s European session. The Loonie pair weakens as the Canadian Dollar (CAD) continues to gain, given that United States (US) President Donald Trump delayed his orders to impose 25% tariffs on

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    She is a seasoned financial market analyst, specializing in Forex and cryptocurrency news. With a sharp eye for trends and a deep understanding of global markets, she provides insightful commentary and analysis, helping traders and investors stay informed and make strategic decisions. Her expertise bridges the gap between complex market data and practical, actionable advice.

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