From earlier: Trump threatens a 25% tariff on Mexico and CanadaAnd so it begins. The random Trump tweets sending waves across markets. The first victims are the Canadian dollar and Mexican peso. The former tumbled on the headline, with USD/CAD racing to its highest levels since 2020 as it briefly breached 1.4100. The high touched 1.4177 before coming back down.The figure level is a big, big one to watch at the moment. It halted the climb earlier this month and while somewhat breached earlier, the score is yet to be settled on the daily close. And not just that, the monthly close also highlights the importance of the 1.4100 mark.As seen above, the monthly closes in January 2016 and during the
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