The Canadian dollar rose against most major rivals following remarks by PM Carney in a press conference with US President Trump.

Amid continuous concerns about the trade war, Carney asserted that Canada is not and will never be for sale during a meeting with Trump, who commented moments earlier that the US-Canada borders are artificial and hinted once again at joining Canada to the US.

Trump said that he wont discuss the US acquisition of Canada with Carney, but said there would be great benefits to Canada if such a wonderful marriage occurred between the two countries.

Trump told reporters that as a real estate developer, getting rid of the artificial line and joining the two countries would be beautiful.

However, Trump said this disagreement wont impact their trade negotiations, also he asserted he wont lift the tariffs on Canadian products.

On trading, the CAD/USD rose 0.4% as of 20:56 GMT to 0.7262.

Aussie

The Australian dollar rose 0.5% against the greenback to 0.6499.

US Dollar

The dollar index fell 0.6% as of 20:22 GMT to 99.2, with a session-high at 100.1, and a low at 99.2.

The Federal Reserves policy meeting starts today with the central bank expected to hold interest rates unchanged despite Trumps calls for a cut.

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