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 dealCanada 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.