加元兑美元汇率跌破1.375，为两个月来最低水平，因为美元复苏和持续的贸易不确定性给加拿大的经济前景蒙上了阴影。在外部方面，一系列备受瞩目的协议，最引人注目的是美日将汽车关税降至15%的协议和美国与欧盟的平行框架，缓解了人们对旷日持久的关税战的担忧，增强了人们对美国经济更强劲增长和美联储坚决鹰派的预期。相比之下，加拿大仍然没有类似的协议，这让投资者为华盛顿可能采取的单边措施做好了准备。在国内，5月份零售额比预期下降1.1%，突显出经济降温，促使市场考虑到加拿大银行比预期更早转向降息。
The Canadian dollar weakened past 1.375 per US dollar, its weakest level in two months, as a revived US dollar and persistent trade uncertainty clouded Canada’s economic outlook. On the external front, a string of high-profile agreements, most notably the US–Japan deal cutting auto tariffs to 15% and a parallel US–EU framework, has eased fears of a drawn-out tariff war, bolstering expectations for stronger US growth and a resolutely hawkish Federal Reserve. Canada, by contrast, remains without a comparable pact, leaving investors braced for possible unilateral measures from Washington. At home, a steeper-than-anticipated 1.1% decline in May retail sales underscored a cooling economy, spurring markets to factor in an earlier-than-expected pivot toward rate cuts by the Bank of Canada.
