The Canadian dollar weakened to a two-month low on March 26, marking its fourth straight daily decline, as fading hopes for an early end to the Middle East war weighed on risk-sensitive currencies. A US proposal to end the conflict was called one-sided by a senior Iranian official.
A softer loonie on risk-off flows makes Canadian-origin feed ingredients cheaper for buyers, though the currency move is driven by geopolitical risk rather than a change in oilseed supply.
Not 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.