The greenback is losing its strength and trading near multi-year lows, marking its worst first-half performance since the 1970s. Mounting uncertainty over the Trump administration’s unpredictable tariff...
On Nov. 25, 2024, President-elect Donald Trump announced plans to impose a 25% tariff on imports from Canada and Mexico, citing the need to curb drug trafficking, particularly fentanyl, and illegal migration....
As the Fed prepares for an interest rate cut in its September meeting, expectations are rising that the greenback may weaken, making investments in foreign currencies more attractive. Also, driven by a...
A strong U.S. dollar in 2022 caused the Canadian dollar to move lower. However, the C$ made a higher low against the U.S. dollar in 2022 compared to the March 2020 pandemic-inspired low. In early 2023,...