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USDCAD
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Another wild weekend of headlines is coming. Here’s a trade to make ahead of it. - MarketWatch

1. Trump's proposed tariffs could impact USDCAD and sentiment. 2. February 1 may reveal tariff implementation affecting Canadian dollar. 3. Market reaction is mixed; tariffs viewed as negotiation tactics. 4. Volatility expected as investors remain uncertain about tariffs. 5. Overall stock market poised for potential swings pending announcements.

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FAQ

Why Bearish?

Expected tariffs typically weaken the CAD in the short term, similar to past tariff announcements impacting currency values.

How important is it?

Tariff discussions directly relate to USDCAD value fluctuations, making it significant for traders.

Why Short Term?

Immediate market reaction expected post-announcement, likely impacting USDCAD quickly, akin to prior tariff situations.

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