The Canadian dollar has scope to weaken further after hitting a four-and-a-half year low against the dollar on Donald Trump’s plans to hit Canada with tariffs, Monex Europe said.
This week, investors will focus on the Canadian Q3 Gross Domestic Product (GDP) data, which will be published on Friday. The Canadian economy is estimated to have expanded by 1% compared to the same ...
President-elect Donald Trump pledged that soon after taking office he would slap steep tariffs on Mexico and Canada, as well as China. Mexico’s peso weakened following Trump’s comments, trading at 20.