Source: Action Forex News Agency
4 weeks ago•
Forex Medium Importance
CAD Survived the Tariff Shock. Can GDP and Warsh Push USD/CAD Back Below 1.3730?

CAD Survived the Tariff Shock. Can GDP and Warsh Push USD/CAD Back Below 1.3730?

TL;DR: USD/CAD has stabilized after absorbing the initial tariff shock, but Friday brings two catalysts operating on completely different axes — Canadian GDP tests whether the BoC can mainatin patience, while Warsh's Jackson Hole speech tests whether the Dollar deserves a smaller or larger credibility discount.
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Source: Action Forex
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