USD/CAD has shown a stalwart rally after a breakout of the Ascending Triangle chart pattern on a weekly timeframe. The upward-sloping 20-day Exponential Moving Average (EMA) near 1.3900 suggests that ...
If the U.S. economy were in recession, Trump's antipathy to trade deficits might be more on point. A trade deficit means that domestic residents are spending more on goods from abroad than they sell.