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Canada- A Deal On Trade Could Lift The Canadian Dollar

Canada- A Deal On Trade Could Lift The Canadian Dollar

May 21, 2019

The Canadian dollar could move higher after the US lifted tariffs on steel and aluminum at the end of last week and the new USMCA agreement that will replace NAFTA will guide trade between the US, Canada, and Mexico. In my latest piece for Seeking Alpha, I point out that the deal and higher price of crude oil could set the stage for a rally in the Canadian dollar which often moves with commodities prices over the coming weeks.

Article: Canada- A Deal On Trade Could Lift The Canadian Dollar

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