(Typo in title)

• USD/CAD remains anchored to 1.44 amid the looming risk of tariffs

• With Trump's focus on North America, topside risks remain for USD/CAD

• Thus, dips are likely to remain shallow in lead up to inauguration

• Resistance: 1.4465 (Dec/Jan highs), 1.45

• Should Trump deliver 25% tariffs, door is open to 1.50

• On the flipside, selective tariffs would allow for move to 1.40
USDCAD hourly


(Justin McQueen is a Reuters market analyst. The views expressed are his own.)