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.

Articles You May Like

WTI crude oil settles at $56.78
US stocks open higher. S&P index back above 3000
The House of Representatives seeking to block arms sales to Saudi Arabia – WSJ
Weekly Trading Forecasts: EURUSD Top Fundamental Candidate on Fed Speculation, ECB Decision Approaches
Pound stretches gains on upbeat retail sales data, runs into key near-term resistance levels

Leave a Reply

Your email address will not be published. Required fields are marked *