Canadian dollar briefly poked above 70 cents this morning on 30-day reprieve. And no, Trump doesn’t control the chess board. The global market is far more powerful. President Reagan warned of these tariff misjudgements with trade partners back in-the-day.
If Trump blinks again ie: stock market / crypto fallout, the loonie could easily recover toward 72 cents. But this is a moving market that is prone to herd mentality . . . .
The next leg-lower in equities could have a huge impact on tariff drumming-rolling (IMO).
If Trump blinks again ie: stock market / crypto fallout, the loonie could easily recover toward 72 cents. But this is a moving market that is prone to herd mentality . . . .
The next leg-lower in equities could have a huge impact on tariff drumming-rolling (IMO).
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