Globe and Mail: Canadian dollar edges lower ahead of U.S. tariff announcement

“The foreign exchange market reaction could prove complex and counter-intuitive,” Karl Schamotta, chief market strategist at Corpay said in a note. “Although it might seem obvious that the euro, Canadian dollar, and Mexican peso could rally in response to a more conciliatory tone from the president, it’s almost impossible to know how much is already priced in.” Globe and Mail: Canadian dollar edges lower ahead of U.S. tariff announcement