US EditionCAD Slips as Tariff Risk Overshadows Jobs Data
Key Takeaways: *Tariff Threat Weighs on Loonie: CAD slumps as Trump threatens 35% blanket tariff, reigniting trade uncertainty. *BoC Rate Cut Bets Fade: Strong jobs report tempers July rate cut odds, but CPI and trade risks may shift outlook. *Oil and Autos Drag CAD: Weak crude and auto-sector exposure add pressure as Windsor’s jobless rate hits 11.2%. Market Summary: The Canadian dollar remains under pressure as renewed trade tensions with the …
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CAD Slips as Tariff Risk Overshadows Jobs Data
Key Takeaways: *Tariff Threat Weighs on Loonie: CAD slumps as Trump threatens 35% blanket tariff, reigniting trade uncertainty. *BoC Rate Cut Bets Fade: Strong jobs report tempers July rate cut odds, but CPI and trade risks may shift outlook. *Oil and Autos Drag CAD: Weak crude and auto-sector exposure add pressure as Windsor’s jobless rate hits 11.2%. Market Summary: The Canadian dollar remains under pressure as renewed trade tensions with the …
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