CBC reports: US and Canada close to agreement on metals tarriffs
This was talked about on Wednesday
The CBC is reporting that US and Canada are close to an agreement on the metals tariffs. They add:
The USDCAD has moved lower on the news. The pair ran above the topside swing area (from 1.3480-97) to a high of 1.35128, but the news has spoiled that break now.
- high level meetings on final details or happening now
- says deal could be announced as early as Friday (assume today).
- They are citing one unidentified source with knowledge of talks
Look for sellers against the 1.3497 (call it 1.3500) now.