USD/CAD Recovers After Hitting Four-Month Low at 1.4026
The USD/CAD pair has rebounded to around 1.4160 during European trading hours. This comes after hitting a four-month low of 1.4026 the previous day. The Loonie has responded to renewed interest in the US Dollar (USD), spurred by geopolitical developments. Despite concerns stemming from recent tariff announcements by President Trump, which have raised eyebrows regarding the US economic outlook, the USD/CAD price movement indicates that markets are actively responding to evolving conditions.