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The Canadian dollar fell to an 11-day low on Feb 17 near 1.3655 per USD as broad US dollar gains and cooler Canadian inflation of 2.3% raised expectations of Bank of Canada rate cuts. Analysts saw roughly a 35% chance of an easing this year.
Rate-cut expectations weigh on the loonie and reflect a broadly stronger USD, a background factor for dollar-priced grain and oilseed trade rather than a direct feed driver.
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.