Canadian dollar hits six-day high as Trump tariff threats and inflation data jolt USD/CAD
Canada’s dollar climbed 0.4% to a six-day high at C$1.3865 per U.S. dollar Monday after Trump threatened new tariffs on Europe over Greenland. December inflation rose 2.4% year-over-year, above forecasts, while core inflation measures eased. Oil edged up to $59.57 a barrel. The U.S. Supreme Court delayed action on a case challenging Trump’s tariffs.