USD/CAD returns to 1.3730 with the Dollar showing a firmer tone

  • The US Dollar is trading on a somewhat stronger note on Tuesday, favoured by an improved market sentiment, which has helped the USD/CAD to bounce from year-to-date lows below 1.3700 and return to 1the 1.3730 area at the moment of writing. The broader trend, however, remains bearish, with speculative demand for the YS Dollar weak, on concerns about Trump's tariffs' impact on the US economy and looming fears about the US fiscal health.