The Canadian dollar continues its downward trajectory against the US dollar amidst ongoing fears of a potential trade war with the United States. The USD/CAD pair climbed to a peak of 1.4177 on Tuesday, marking its highest level since 2020. This represents a notable increase of 5.6% compared to its lowest point in October. Traders should stay vigilant as these developments unfold, impacting the currency’s performance. Understanding these factors will be crucial for anyone involved in forex trading. More updates will follow as new information emerges.