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February 11, 2025

USD/CAD Surges to 1.4350 as Trade Tension Grows

USD/CAD continues to gain momentum, trading around 1.4330 as of Tuesday morning. The pair’s rise follows a decision by President Trump to assert 25% tariffs on steel and aluminum imports, intensifying trade tension across North America. The potential repercussions of these tariffs create a sense of uncertainty in currency markets. Traders should remain alert to potential shifts in USD/CAD as economic developments unfold. The combination of trade dynamics and market sentiment will likely shape the currency pair’s trajectory in the coming weeks. Investors and traders should monitor the news closely for signs of volatility or stability.

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