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Carney says US trade talks to intensify as Washington asks less and offers mor

Carney’s remarks offer modest support for the Canadian dollar, as any easing of the 50% US tariff would lift a weight on Canadian exporters and the growth outlook. The lack of a timeline limits how much a trade-deal premium can build, so USD/CAD is likely to stay more sensitive to the US midterm results and oil prices in the near term. Canada is the largest foreign supplier of crude to the US, so…

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