CAD popped higher after the news that US-Canada trade talks are back on

The news is here:

• Canada rescinds Digital Services Tax to advance broader trade negotiations with the US

USD/CAD has dropped on the news:

The background to this was in Friday:

• Trump cancels trade talks with Canada

Adam responded to the chaos by saying:

• this is all theatre as Trump lays the groundwork for a deal
• Canada is obviously prepared to drop this tax

And that is more or less what has played out.

This article was written by Eamonn Sheridan at www.forexlive.com.