The Canadian Dollar surged after source reports that Canada were said to provide concessions through allowing US farmers access to Canada’s dairy market in order to reach a NAFTA deal. Canada’s protected dairy industry has been one of the major stumbling blocks in NAFTA renegotiations, as such, this concession from Canada increases the possibility that the US and Canada could reach an agreement before the October 1st deadline. That said, sentiment around NAFTA has been relatively upbeat with the Canadian Trade Minister stating that talks had been constructive. As of writing this article, USD/CAD pair is trading at ... (full story)