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JPMorgan Sees 'Massive' Demand for Loonie Hedges on Tariff Risks
Source: Buzz FX / 24 Jan 2025 14:20:16 America/New_York
(Bloomberg) -- Investors are piling into hedges against a weaker Canadian dollar at a historic pace, seeking shelter from the impact of possible US tariffs, according to JPMorgan Chase & Co.
The threat of a 25% tariff on Canadian imports as
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