This move aligned Canada’s tariff structure with the U.S. exemptions for goods covered by the pact and is intended to revive stalled trade negotiations.
As a result, Canadian and US officials are to meet to move the ball down the field.
Technically, the low price on Friday and again today stalled within a swing area between 1.3813 and 1.3832. The current price is trading at 1.3847 above that area after the support held today..
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