EUR/CAD Climbs Above 1.4800 Amid Tariff Threats from Trump
The EUR/CAD exchange rate takes a notable jump, reaching near 1.4830 during European trading hours. The surge corresponds with weakness in the Canadian Dollar, which faces pressure from President-elect Donald Trump’s threat to impose higher import tariffs of 25% on Canada and Mexico. Traders should monitor this evolving situation closely, as further developments could impact currency trends significantly.
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