[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 …
[CAD/JPY] Focus on Canada’s Retail Sales
Selling continued this week due to concerns over Trump’s tariffs, but there is a high chance of a rebound soon. Canada’s January CPI rose from 1.8% to 1.9% as expected, …
[CAD/JPY] Oil Price Drop
Although the delay in Trump’s tariffs on Canada led to some buying of the Canadian dollar, concerns about tariffs kept prices from rising too much. Talks about ending the Ukraine …
[CAD/JPY] Tariff Delay
The Trump administration decided to delay tariffs on Mexico and Canada for one month. This gave investors some relief, and the CAD/JPY rate rose to 107.77 in early Tokyo trading. …