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    USD/CAD jumps to near 1.4550 as Donald Trump is poised to impose tariffs on Canada

    Author AvatarBy Ruby Chambers No Comments 12 Mins Read
    • USD/CAD gains sharply to near 1.4550 as the USD refreshes weekly high on Trump’s tariff threats.
    • The Canadian Dollar weakens as US Donald Trump is poised to impose 25% tariffs on Canada on February 1.
    • The Fed has stated that it has frozen monetary policy adjustments until it sees some progress in inflation or weakness in the labor market.

    The USD/CAD pair climbs to near 1.4550 in Friday’s North American session. The Loonie pair strengthens as investors continue to dump the Canadian Dollar (CAD) amid worries that United States (US) President Donald Trump is poised to slap hefty

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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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