CAD drops 0.3% vs USD but outperforms G10 peers; bullish USD/CAD trend eyes 1.4100 level.
U.S. and China suspend tariffs for 90 days; markets rise amid trade talks and economic uncertainty.
Tariff truce boosts markets: NASDAQ futures soar, tech stocks surge, gold drops, treasury yields climb.
Trump and Xi may speak soon; tariff talks continue, with potential delays testing Trump’s patience.
US Dollar strengthens broadly; G10 currencies weaken amid tariff pause and shifting Fed rate cut expectations.
Tariffs remain high as baseline measures aim to prevent escalation; fentanyl-related tariffs raise U.S. total.
Trade deal optimism boosts USD; JPY weakens. Long USD positions, recession fears weigh on dollar strength.
Markets rally on U.S.-China tariff deal; gold falls, oil and cryptocurrencies surge amid strong risk-on sentiment.
Gold prices fell over 2.5% as US-China tariff reduction boosted yields, pressuring demand for safe havens.
Removal of de minimis exemption raises costs for US consumers buying overseas goods, especially Chinese fashion.
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