Axios: Trump to continue with the tariffs next week on Canada and Mexico

The White House still plans to implement the 25% tariff on imports from Canada and Mexico next week. This is despite the comments from Pres. Trump earlier today that those tariffs would start in April.

The USDCAD has seen a modest bounce to 1.4335. The high for the day reached 1.4366. The pair is back above key resistance between 1.4268 and 1.42789.

For a look at the technicals driving the USDCAD, click on the video below:

This article was written by Greg Michalowski at www.forexlive.com.