eFXData

eFX Apex

The Institutional-Grade Data Hub

  • Plus: Discretionary Trades
  • Edge: Sentiment Trades
  • Alpha: Systematic Trades
  • Apex: Full Big Data Stream
TDUX
Aug 18 - 11:55 PM

USD/CAD - Eases Slightly After Trump Pauses Canada Tariffs

By Krishna Kumar  —  Aug 18 - 10:46 PM

• USD/CAD -0.1% in Asia after Trump pauses tariffs against Canada for 3 days

• Says Canada and U.S. have a deal subject to finalisation of documents

• CAD likely to test 1.3845 Mon high which was its highest in more than 2 mths

• Higher oil prices, waning Sep Fed rate hike expectations underpin CAD

• Break extends to 1.3815-20, followed by 1.3770, the May 29 low

• Resistance 1.3905-10,1.3955-60; Tue range 1.3862-1.3910, Asia 1.3872-1.3907
CAD:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters
By continuing to browse our site, you agree to our use of cookies, Privacy Notice, and Terms of Service.
© 2026 eFXdata · All Rights Reserved