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USDCAD, BOC, TARIFFS, USMCA DEAL – TALKING POINTS USDCAD has seen a lot of price action over the last 36 hours in response to mixed headlines including a possible USMCA deal Tariff headlines swung between reports on US steel imports from Turkey and then the White House announced its intent to lift tariffs on Canadian […]

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Trade Wars Talking Points: Confirmation of trade war breakthroughs is still missing after reports of auto tariff decision delay and metals tariff lift The USDCNH has yet to retreat and AUDUSD continues to slide as the US-China negotiation mood sours after Trump bans Huawei Dollar’s bid should only be relied upon if the Euro, Pound […]

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US Trade Balance Talking Points: The balance of trade with Canada fell from a surplus of $0.5 billion to a deficit of $2.1 billion in March Exports decreased by $0.1 billion to $25.3 billion, while imports increase to $27.5 billion after a $2.6 billion increase The NAFTA replacement awaits ratification in the US with some […]