Forex
Dollar Slips as Canada Wins Reprieve from US Tariffs
The US dollar has taken a defensive stance, losing ground against most G10 currencies. However, the Australian dollar is experiencing a small decline in value.
Among the major currencies, the Japanese yen is leading the pack by a narrow margin, despite the greenback holding above JPY159 in European trading.
The Canadian dollar has strengthened and is testing yesterday's high after a last-minute delay of US tariffs for three days. This postponement was made pending continued talks between the two countries.