USDCAD: BoC Rate Cut and US Tariff Threats Weaken Loonie

Fundamental Analysis: On January 29, 2025, the Bank of Canada (BoC) cut its interest rate by 25 basis points, bringing it to 3%. This decision, the sixth consecutive reduction, stems from a weak economy and persistently low inflation. Additionally, the BoC warned that the 25% tariffs the United States plans to impose on Canadian imports […]

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