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USD/CAD drops back lower as Freeland heads to another meeting

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Freeland arrives at the USTR to meet Lighthizer

  • Freeland said negotiators on both sides have been working hard

  • Says will be happy to answer questions after the meeting

  • Negotiators worked through the night

USD/CAD jumped earlier on a report from Bloomberg that US and Canada were unlikely to make a deal this week unless there was major movement.

The sentiment in Canada is that the end-of-month deadline isn’t really a deadline. I don’t think Canada cares if the old Mexican or new Mexican President has to sign it, especially given the feeling that Mexico stabbed Canada in the back.

orexLive

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