USD/CAD jumps to near two-decade high, around mid-1.4700s on Trump’s trade tariffs
The USD/CAD pair builds on last week's breakout momentum above a short-term trading range and gains strong positive traction during the Asian session on Monday. The momentum lifts spot prices to mid-1.4700s, or the highest level since April 2003, and is sponsored by the launch of US President Donald Trump's tariff trade war.