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CBC reports: US and Canada close to agreement on metals tarriffs

This was talked about on Wednesday

The CBC is reporting that US and Canada are close to an agreement on the metals tariffs. They add:

  • high level meetings on final details or happening now
  • says deal could be announced as early as Friday (assume today).
  • They are citing one unidentified source with knowledge of talks

The USDCAD has moved lower on the news. The pair ran above the topside swing area (from 1.3480-97) to a high of 1.35128, but the news has spoiled that break now. 

Look for sellers against the 1.3497 (call it 1.3500) now.

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