Will US–Canada Trade War Weaken the Loonie? | Presented by CME Group
New 50% US tariffs and reciprocal measures from Canada have reversed part of the Canadian dollar’s summer rally, though the currency remains within its long-running range. But if damage to Canadian exporters gives the Bank of Canada more latitude to cut rates than the Fed, could traders see a widening rate differential and a lower loonie? Presented by @cmegroup
