3月份加元兑美元汇率超过1.43，达到一个月高点，因为投资者欢迎有关并非所有定于4月2日的贸易税都将生效的报道，一些国家可能会获得豁免。有迹象表明，特朗普总统可能会实施有选择性豁免的三级关税制度，这表明加拿大可能面临即将征收的最低关税，从而保护其出口并缓解Loonie面临的外部压力。有利的油价动态进一步增强了这种乐观情绪——鉴于加拿大作为主要石油出口国的地位，在供应担忧的情况下，原油价格强劲，增强了货币的吸引力。此外，在2月份CPI报告高于预期后，对加拿大银行进一步大幅降息的怀疑使加拿大资产更具吸引力。

The Canadian dollar strengthened past 1.43 per USD in March, reaching a one-month high as investors welcomed reports that not all trade levies scheduled for April 2nd will take effect, with some countries likely to receive exemptions. Indications that President Trump may implement a three-tiered tariff system with selective exemptions suggest that Canada could face the lowest tier of upcoming tariffs, sparing its exports and easing external pressures on the Loonie. This optimism is further bolstered by favorable oil price dynamics—robust crude prices amid supply concerns enhance the currency's appeal, given Canada’s status as a major oil exporter. Additionally, doubts over further aggressive rate cuts by the Bank of Canada, following a hotter-than-expected CPI report for February, have made Canadian assets more attractive.