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USD/CAD traded near 1.3624 at the London close on January 30, rebounding late in the week but well below January highs. The Canadian dollar gained about 1.3% over the week, outperforming peers despite softer commodity prices.
Currency strength in the loonie affects Canadian feed import costs and export competitiveness. The move reflects routine FX trading with no new supply or demand change.
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.