Trump Suspends 50% Tariffs on Canada for Three Days
📊 CAD — Piyasa Yorumu
▲ up · 70%The suspension of tariffs could alleviate trade war concerns in the short term, potentially increasing risk appetite. This development may have a positive impact, particularly on export-driven sectors and emerging market currencies. However, the absence of a permanent solution and ongoing uncertainty could limit the upside in markets. Overall, a moderate recovery in equity markets and risky assets can be expected in the near term.
📊 USD — Piyasa Yorumu
▲ up · 60%The suspension of tariffs could reduce trade war concerns, boosting risk appetite and providing short-term support for the USD. However, technical indicators remain weak: the price is below the SMA20 and SMA50, the MACD is negative, and the RSI at 34.5 is approaching oversold territory. Therefore, any upside is likely to be limited, and the prevailing downtrend may persist. Despite the positive news, the market will probably await a stronger catalyst, so cautious optimism is warranted.