[CAD/JPY] Tariff Retaliation
After President Trump announced new car tariffs, the Canadian dollar fell to 105.02 yen but later went up to 105.81 yen in the European market. However, after the U.S. GDP …
[CAD/JPY] Future of the Trade War
The trade war is getting worse as Canada adds tariffs on U.S. goods in response to U.S. tariffs. However, Canada is in a weaker position, and its economy may suffer …
[CAD/JPY] Bank of Japan Rate Hike
Canada’s February inflation rate was 2.6%, higher than the expected 2.2%. Since this is well above the Bank of Canada’s (BOC) 2% target, expectations for interest rate cuts in Canada …
[CAD/JPY] Position Adjustment
Yesterday, CAD/JPY struggled to rise. During Tokyo trading hours, Japan’s central bank governor made positive comments about a possible interest rate hike, making the yen stronger and pushing CAD/JPY down …
[CAD/JPY] End of the Tariff Battle?
CAD/JPY dropped to 101.49 in the Tokyo market but later rose to 102.77. However, after President Trump ordered higher tariffs on Canadian steel and aluminum (from 25% to 50%), CAD/JPY …
[CAD/JPY] Tariffs, Bank of Canada (BOC) Meeting, and Election
On March 4, former U.S. President Trump announced tariffs on Canada, causing CAD/JPY to fall to 102.20. Later, reports that auto tariffs might be delayed for a month helped it …
[CAD/JPY] Some Tariffs Reduced
President Trump announced a one-month delay on car tariffs for Canada, which helped CAD/JPY rise to 104.27 yen. He also said his phone call with Prime Minister Trudeau was somewhat …
[CAD/JPY] 25% Tariff and Strong Yen
The CAD/JPY pair stayed around 104 yen in the Tokyo market. During European trading, short-covering pushed it up to 104.96, but after that, the yen strengthened again, bringing it back …
[CAD/JPY] Canada 25% Tariff
After falling to 103.73 in Tokyo, the Canadian dollar rose to 104.67 in the European market. However, in the U.S. market, all three major stock indexes dropped, leading to safe-haven …
[CAD/JPY] Falling Oil Prices and Trump’s Tariffs
President Trump said he will apply a 25% tariff on Canada starting March 4 as planned. This caused the Canadian dollar, which had stopped falling for a while, to drop …