Author Archives: Daniel J

Trump threatens to withdraw form NAFTA

NATFA Talks in Jeopardy The North American Free Trade Agreement (NAFTA) is currently in renegotiation due to Trump’s view that “it is the worst trade deal in history.”  The deal is between Mexico, Canada and the US. There were hopes a deal would be in place before the Mexican election on 1st July, but this […]

NAFTA deal still far from sewn up (Daniel Johnson)

  US threatens non-approval on NAFTA deal if there is no firm proposal  in place in three weeks. The North American Free Trade Agreement (NAFTA) is currently in the process of being renegotiated. NAFTA is a free trade deal between the Sates, Mexico and Canada. Trump has made very clear he is unhappy with the current […]

NAFTA Uncertainty causes CAD weakness (Daniel Johnson)

NAFTA wieighs heavily on CAD CAD has struggled against the Pound of late. The uncertainty surrounding the renegotiation of the North American Free Trade Agreement (NAFTA) has weighed down the looney. If there is one thing the currency market does not react well to it is uncertainty. The deal in place with Canada, Mexico and […]

Could NAFTA face Derailment? (Daniel Johnson)

Trump threatens NAFTA Deal The North American Free Trade Agreement (NAFTA) is concerning for the Canadian economy. There is a heavy reliance on the US buying Canada’s exports and the NAFTA agrrement has proved very beneficial to Canada. Donald Trump has however called the arrangement the worst trade deal in history and thinks the US […]

Canadian Dollar remains vulnerable due to NAFTA talks (Daniel Johnson)

Trumps demands are unrealistic in regards to NAFTA The Canadian Dollar lost ground against the majority of major currencies recently following poor retail sales and inflation data. There is also the matter of the renegotiation of the North American Free Trade Agreement (NAFTA). Donald Trump feels that the current agreement is not beneficial enough for […]

Canadian Dollar suffers despite rate hike (Daniel Johnson)

NAFTA is a cause for concern for CAD The Bank of Canada (BOC) decided raise rates last week after positive economic data, particularly unemployment, which plunged to the lowest levels in forty years. Common belief would be to assume a rate hike means a stronger currency, this is not always the case. The market moves […]

Bank of Canada predicted to hike rates (Daniel Johnson)

Is a Rate hike justified by the BOC? This afternoon is the Bank of Canada (BOC) interest rate decision. The expectations are that there will be a hike from 1% to 1.25%. Bank of Canada Governor, Stephen Poloz has stated a change in interest rate would be data dependent. If this is the case then  […]

NAFTA Breakdown threatens the Canadian Dollar? (Daniel Johnson)

NAFTA Negotiations are set to be problematic. The North American Free Trade agreement is key to the health of the Canadian economy. The agreement between the US, Canada and Mexico is under threat as US President , Donald Trump feels the deal is nowhere near as beneficial as it should be to the US. Canada […]

NAFTA troubles threaten CAD (Daniel Johnson)

NAFTA Renegotiation is a long term threat to CAD. The Canadian dollar could be in for a turbulent year and I think the main cause for concern for Canadian Dollar seller is the renegotiation of North American Free Trade Agreement (NAFTA). Donald Trump is currently very unhappy with the current agreement and feels it should […]

Potential for further falls for CAD? (Daniel Johnson)

Trump threatens to dismantle NAFTA agreement Donald Trump has stated he feels the North American Trade Agreement (NAFTA) is nowhere near as beneficial to the US as it should. Renegotiations began on 16th August and hopes were to have them concluded by the end of the year. It now looks as though talks could continue […]