The Canadian dollar eased past 1.37 per US dollar, halting its rebound from the two-month low of 1.386 seen July 31st as softer domestic labour data and looming trade headwinds undercut the loonie’s earlier gains. Statistics Canada’s report that Canada lost 41 000 jobs in July, far worse than the 13,500 gain analysts had forecast, and a static 6.9 % unemployment rate have renewed concerns over domestic demand and pressured the Bank of Canada to adopt more accommodative monetary policy. Meanwhile, President Trump’s decision to impose a 35 % tariff on Canadian aluminum and looming auto-parts duties, which threaten to crimp Canada’s vital manufacturing exports, adds fresh pressure to the trade-exposed economy. At the same time, oil prices have softened from recent highs, limiting a key source of foreign-exchange earnings even as global growth concerns and US Fed developments leave the greenback on the backfoot.