Forexlive Americas FX news wrap: White House pivots on proposed tariffs.

Forex news for NA trading on March 7, 2017

  • Mixed finish for the major stock indices down and up session
  • USDCAD stays below 100 hour MA and trades below trend line
  • S&P trades to session highs after the White House tariff pivot
  • US consumer credit comes in lower than expected that $13.906B vs $17.650B est.
  • There may be tariff exemptions for Mexico and Canada on the basis of National Security (not NAFTA)
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