In this USDCAD analysis, we decipher the currency pair from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.

We update this page daily to ensure you have the latest information by covering the price changes.

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USDCAD Analysis: Fundamental View

Bloomberg—The Canadian dollar stabilized around 1.33 per USD after briefly hitting a one-month low of 1.450. Despite global trade disruptions, the currency showed resilience even as the US dollar weakened.

Markets are now adjusting to the newly imposed 25% tariffs, while reports suggest the Trump administration may ease restrictions on Canadian imports—especially for businesses complying with NAFTA’s rules of origin. This potential policy shift could reduce trade tensions and benefit key export sectors like the automotive industry.

Canada Hits Back with 25% Tariff on US Imports

Meanwhile, Prime Minister Justin Trudeau announced a 25% tariff on $155 billion worth of US imports. He also warned that if the US tariffs remain in effect for 21 days, Canada will impose additional duties on another C$125 billion of American goods.

The Bank of Canada has expressed concerns that a prolonged tariff dispute could shrink Canada’s economic output by nearly 3% over two years, significantly slowing growth.