USDCAD explodes on Nafta fears

Canadian officials suspect US to pull out of Nafta soon

• Canada officials reportedly increasingly convinced Pres Trump will soon announce a withdrawal from NAFTA
• Canada plans to remain in talks even if US announces pullout as some negotiations could continue
• Canadian officials say notice of withdrawal from Trump admin would be significant, but US-Canada trade would continue

USDCAD and USDNXN explode , respectively 1.2575 and 19.38
That should greatly diminish BOC rate hike next week is the impression

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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