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Canadian Dollar Under Pressure as US Tariffs Drive USD/CAD to a 22-Year High
Source: Buzz FX / 03 Feb 2025 11:36:09 America/Chicago
The USD/CAD pair surged above 1.4760 on Monday, reaching its highest level since April 2003. This sharp rise came in response to the US government’s decision to impose 25% tariffs on Canadian imports, significantly impacting the Loonie.
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