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The Canadian dollar stabilized near 1.40 per US dollar after a risk-off bid for the greenback, but still finished March about 2% lower. Traders trimmed expectations for Bank of Canada rate hikes, and better GDP data offered only modest support.
Narrowing interest-rate differentials favor the USD over the CAD, a move that can make Canadian oilseed meal cheaper for export buyers while leaving crude-linked support for the loonie limited.
finimize.comFinimize NewsroomMar 31, 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.
