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A Reuters poll of 27 FX analysts, conducted May 1-6, put the Canadian dollar at 1.3667 per US dollar in three months, slightly stronger than the prior month's 1.37 forecast. The article reflects a view of easing geopolitical risk.
A firmer forecast for the loonie slightly lowers USD-denominated Canadian export prices in the medium term, a minor factor for feed buyers.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.