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The Canadian dollar strengthened to near a seven-week high against the US dollar ahead of a central bank decision. The loonie traded 0.4% higher at 1.3615 per US dollar.
A firmer loonie makes Canadian canola and other exports dearer in US dollar terms, a modest headwind for canola meal pricing.
reuters.comFergal SmithMay 1, 2026Not enough comparable past events yet for a historical read.
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.
