USD/CAD Gains Ground Near 1.3700 Amid New Tariff Threats

The USD/CAD pair has posted modest gains, trading near 1.3690 during Monday’s Asian trading hours. The Canadian Dollar (CAD) has edged lower against the US Dollar (USD) following the announcement of fresh tariff threats from President Donald Trump, as detailed by Entreprenerdly.com.

This development intensifies the ongoing trade war between the US and various nations, influencing currency exchange rates. Investors should consider how these geopolitical factors can impact their trading strategies in the Forex market.

Staying updated on tariff implications will be crucial for making informed decisions in the current trading landscape.