In recent days, the Canadian dollar has reached a two‑month high versus the US dollar, driven by growing investor skepticism over the possibility of harsher trade tariffs as originally announced by former US President Donald Trump. The latest developments suggest that the outlook for trade measures might be less aggressive than previously feared, contributing to a stable uptick in the Canadian currency.
The Canadian dollar $CADUSD has been experiencing a noticeable decline against the US dollar in recent months. The dynamics of the currency market remain influenced by several factors that are essential to understanding the current situation.
