Loonie Rises Amid Tariff Tensions
The Canadian dollar experienced a minor surge on Tuesday, rising by three-tenths of a cent against its US counterpart. This gain occurred as the US dollar declined and crude oil prices increased.
Additionally, Canada implemented counter-tariffs on select US imports due to stalled trade talks with the Trump administration.
The loonie's value finished at $0.7255 or $1=C$1.3784 compared to Friday's close of $0.7225 or $1=C$1.3840.