Canadian Dollar's Post-Election Outlook Depends on Outcome of Trade Talks -- Market Talk

Dow Jones

Apr 29, 2025

0938 GMT - The Canadian dollar trades slightly softer after the Canadian Liberal Party's narrow election victory but the longer-term implications depend on the outcome of trade talks with the U.S., ING's Francesco Pesole says in a note. Prime Minister Mark Carney has pledged to fight President Trump harshly on tariffs and his closer ties with European countries could emerge as an obstacle in trade talks, he says. "Ultimately, the crucial issue remains renegotiating the United States-Mexico-Canada Agreement early." Carney might take his time with this, although he intends to negotiate an end to the U.S.-Canada tariff war. The U.S. dollar rises 0.1% to 1.3837 Canadian dollars and ING expects it to reach 1.39 by the end of the second quarter. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

April 29, 2025 05:38 ET (09:38 GMT)

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Prime Minister Mark Carney has pledged to fight President Trump harshly on tariffs and his closer ties with European countries could emerge as an obstacle in trade talks, he says. \"Ultimately, the crucial issue remains renegotiating the United States-Mexico-Canada Agreement early.\" Carney might take his time with this, although he intends to negotiate an end to the U.S.-Canada tariff war. The U.S. dollar rises 0.1% to 1.3837 Canadian dollars and ING expects it to reach 1.39 by the end of the second quarter. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 05:38 ET (09:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canadian Dollar's Post-Election Outlook Depends on Outcome of Trade Talks -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanadian Dollar's Post-Election Outlook Depends on Outcome of Trade Talks -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-29 17:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0938 GMT - The Canadian dollar trades slightly softer after the Canadian Liberal Party's narrow election victory but the longer-term implications depend on the outcome of trade talks with the U.S., ING's Francesco Pesole says in a note. Prime Minister Mark Carney has pledged to fight President Trump harshly on tariffs and his closer ties with European countries could emerge as an obstacle in trade talks, he says. \"Ultimately, the crucial issue remains renegotiating the United States-Mexico-Canada Agreement early.\" Carney might take his time with this, although he intends to negotiate an end to the U.S.-Canada tariff war. The U.S. dollar rises 0.1% to 1.3837 Canadian dollars and ING expects it to reach 1.39 by the end of the second quarter. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 29, 2025 05:38 ET (09:38 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"POST","symbol_name":"Post Holdings","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2531720955","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531720955","pubTimestamp":1745919480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0938 GMT - The Canadian dollar trades slightly softer after the Canadian Liberal Party's narrow election victory but the longer-term implications depend on the outcome of trade talks with the U.S., ING's Francesco Pesole says in a note. Prime Minister Mark Carney has pledged to fight President Trump harshly on tariffs and his closer ties with European countries could emerge as an obstacle in trade talks, he says. \"Ultimately, the crucial issue remains renegotiating the United States-Mexico-Canada Agreement early.\" Carney might take his time with this, although he intends to negotiate an end to the U.S.-Canada tariff war. The U.S. dollar rises 0.1% to 1.3837 Canadian dollars and ING expects it to reach 1.39 by the end of the second quarter. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"POST":"Post Holdings","BK4212":"包装食品与肉类"},"translate_title":"加元大选后前景取决于贸易谈判结果——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"POST":1},"content_text":"0938 GMT - The Canadian dollar trades slightly softer after the Canadian Liberal Party's narrow election victory but the longer-term implications depend on the outcome of trade talks with the U.S., ING's Francesco Pesole says in a note. Prime Minister Mark Carney has pledged to fight President Trump harshly on tariffs and his closer ties with European countries could emerge as an obstacle in trade talks, he says. \"Ultimately, the crucial issue remains renegotiating the United States-Mexico-Canada Agreement early.\" Carney might take his time with this, although he intends to negotiate an end to the U.S.-Canada tariff war. The U.S. dollar rises 0.1% to 1.3837 Canadian dollars and ING expects it to reach 1.39 by the end of the second quarter. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 29, 2025 05:38 ET (09:38 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}