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Your daily horoscope: January 4, 2026

  IF TODAY IS YOUR BIRTHDAY It’s good that you are ambitious and it’s good that you know what you want to achieve but you must be flexible as to how you get from where you are now to where you most want to be. There’s more than one route to success. ARIES (March 21 - April 20): If you turn on the charm over the next few days there is no limit to what you can accomplish. Cosmic activity in the career area of your chart will make it easy for you to win round those who previously doubted your every move. TAURUS (April 21 - May 21): Don’t try to control what is going on around you, just sit back and enjoy the ride. There are so many influences working in your favor now that you cannot possibly do anything wrong. Listen to your heart and do exactly as it tells you. GEMINI (May 22 - June 21): If other people want to make a fuss over trivial matters that’s up to them but you are under no obligation to follow their example. While they moan and groan about how hard life is you will be glidi...
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Loonie Plummets to 2020 Lows Amid Trump's Tariff Threat

 

The Canadian dollar, commonly known as the "loonie," has fallen to its lowest level since May 2020 following threats from U.S. President-elect Donald Trump to impose tariffs on Canadian goods. Trump announced on social media that he plans to impose a 25% tariff on all products from Canada and Mexico until both countries address issues related to drug trafficking and illegal immigration.

The loonie dipped below 71 cents US in early trading on Tuesday, reaching 70.87 cents US, down from 71.53 cents US the previous day. This decline is attributed to increased trade tensions and concerns over the Canadian economy, which has already been under pressure due to recent interest rate cuts by the Bank of Canada.

Economists are divided on whether Trump will follow through with his threats, with some suggesting that the announcement may be a negotiating tactic. However, the uncertainty has already had a significant impact on the loonie and could affect Canadian businesses and consumers if the tariffs are implemented.

The situation remains fluid, and Canadian officials are closely monitoring developments to determine the best course of action.



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