More talk about a near-term Canada-US trade deal ...Middle East

Alberta Premier Danielle Smith says Canada is optimistic about a near-term trade deal with the US.

This comes after late yesterday there was a report in the Toronto Sun citing a source saying "it will happen before the G7, perhaps as early as next week".

Carney today was asked about talks with the US and said:

Canada's top trade negotiator was also in Washington yesterday.

Perhaps tellingly, the industry minister for Canada also said "they need more time" before responding to tariffs. USD/CAD today traded at the lowest since October and there isn't much support until 1.34.

This article was written by Adam Button at www.forexlive.com.

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